Thanks. That really clarifies things for me.
While specifically ignorant and not formally informed, I have had that inpression of obsolescence regarding 440C in knife making. I first developed this nagging suspicion when twenty plus years ago when shopping for a serious "combat" knife for an active duty Marine. At that time, I viewed cost as secondary to suitability and quality. In my ignorance, I bought knives based on reputation, historic tradition and lastly, on modern technical innovation. Among my buying decisions were a "modern" reincarnation (D2) of the iconic USMC fighting knife, the so-called Ka-Bar. Again, based on historic usage I acquired two Ek daggers (Chrome-Vanadium ?). Based on reputation, I got him a Randall "All Purpose Fighter" (440C I think). At that time, Chris Reeve was introducing military oriented knives in technology pushing high alloy steels. I bought a "Green Beet", then offered in S30V.
As I said, cost was a secondary consideration. I wanted to give that Marine every chance of coming home in whatever small way I could.
Now, some twenty years and more later on, even S30V is considered to be less capable in terms of being a high-performance steel. After being gently schooled here on knife steels, their compositions and performance parameters. I am genuinely shocked to find that the commonly used 440C while at the lower-left corner of the chart yet is still being used by well-known premium knife makers.