The first one was too expensive, IMO. Cool concept, flopped at the price. This was "Ancient Edge"/Bugei doing those IIRC. This is CRKT, cheaper price, CRKT does have good quality. As for the steel, some points to consider:
Some of the most lethal knives in the world are made from tooth-brushes and/or any other materials that convicts can beg/borrow/steal and then rub on cement until they make 'em pointy. Needless to say, crucible particle metalurgy isnt part of the process of making a Reach.
I get the impression, looking at the blade, having read the article when it came out a few years ago (its what got me to seriously think about edged weapons combatives, actually), that its a stabber more than a slasher - if it isnt, it should be, thats what the design says, and thats what a "fighting knife" merits IMO, something that can stabg ood, hit vitals, get business over quick.
Soo - lets consider prison shanks, lets consider than long before steel we had chipped glass (obsidian is a glass) and stone, and then we had soft metals like bronze, lots of people got killed by those. Lots of people have been killed by prison shanks, ice picks, screw drivers, etc. Obviously these arent made out of your premium steels, some arent even steel - and those that are definately arent AUS-6 in quality.
Its not S30V, nooo, its not even ATS-34, nooo. But! Its pointy, it can be made very sharp, this isnt a knife for cutting boxes - leave it very sharp, and pointy, dont go digging with it - it will be fine.
People perforators do not need to have the best steel in the world. Yes we can all be fussy over it, and shun anything thats not CPMthis or that, but reality says - its pointy, it can kill ya. If it can kill ya, it can kill him. 'Nuff said.
