Bo,
I'll be the first to admit, I don't know a lot about the comparative qualities of all the different types of steel available. These Forums do have real experts, available to you. What I do know is this, if Damascus can be used for ABS Master Smith qualification, it goes right to the top of the list in the Great Steel category. The makers who forge their own Damascus, I'm sure do it not for just the beauty, but for ultimate performance. For every day carry, why not? It might take a little more care, for me that would be a plus, any reason to handle a knife more is just fine.