I don't know what kind of steel these are made out of- I suspect it varies from brand to brand and with the age of the chainsaw. I've heard that they "used" to make good knives. If you have some, give it a try. The tutorials sticky has some possible steels tables for junkyard steel- check around there. I'm the type that would make a knife out of it anyway just cause I have it and it probably would in some way improve my skills, junk steel or not. If you don't want to bother making a knife out of a piece that may not harden, just cut off several small strips/pieces and notch one of them about half way down. Heat the notched one to non magnetic(reddish color- one man's cherry is another man's apple, or other red color), quench it, if a file skates off the steel instead of cutting it, then try to break the steel at the notch in a vice. if it breaks, the steel will harden. If the file cuts, reheat-try to hold the nonmagnetic heat a little longer the second time, quench and check witht the file. Heat and quench the other pieces (do the file trick), sand off the oxide with 120 to 220 grit paper and try different oven temps between 400-450 to temper each and see which one seems the best for a light to dark straw color on the steel.
I'd check the tutorials for the right way to do the steel test I described. I'm sure some others will chime in here, shortly. Check the last 2 weeks of posts here- there have been some great threads on the stuff you're going to want to know. The books $50 Knifeshop, Blade's Guide to Making knives and How to Make Knives are found in Booksamillion, Borders, Barnes&Noble in my area on the shelves- those are pretty good starting places, too.
Welcome to the forums, too!