Although I haven't used MagnaCut, I do see it as a really good new steel. However, people are missing its true advantages.
At 61 Rc, MagnaCut gets 505 TCC in Catra wear resistance and rates at 17 ft-lbs of toughness (resistance to chipping and breaking). That's not a ton wear resistance, but good. It's about the same as D2 at that hardness, and less than 4V (525 TCC), Vanax (545 TCC) and S30V (550 TCC).
The advantage, at 61 Rc, is in toughness -- 17 ft-lbs. By comparison, D2 at that hardness is about 5 ft-lbs. A2 is about 13 ft-lbs. M4 is about 14 or 15. Vanax at 60 Rc (61 is a stretch for Vanax) is 12 ft-lbs. S35Vn is 10 ft-lbs. AEB-L is about 32 ft-lbs (but only 355 TCC).
So at 61 Rc, MagnaCut has decent wear resistance and a lot of toughness. It owns this hardness category.
But take that hardness up to 64 Rc, like Chris Reeve, and the story changes. The wear resistance goes up a bit to 550 TCC and the toughness falls to 12 ft-lbs. That makes MagnaCut and Vanax almost identical in toughness and wear resistance. And Vanax is finer grained and more stain resistant -- although by very small amounts.
Cruwear at 62 Rc gets 525 TCC -- almost as much as MagnaCut at 64 -- but a lot more toughness: 12 ft-lbs vs 22.5 ft-lbs.