Yes, I have

It easily removes cold gun blue, and even the factory hot blueing if you're aggressive enough. Simichrome is a similar polish but an order of magnitude finer, that will still remove thin chemical surface etches. When they say it's non-abrasive, that's not an absolute, there is an extremely fine abrasive in it, though it's quite mild in comparison to something like Chrome Polish from the auto-store. IMO, only 10 percent of the cleaning action is really chemical, the rest relies on the abrasives to remove the surface oxides and a tiny bit of the base metal in order to make it shiny

Some etches are tougher than others of course, on my Cold Steel Twistmaster a few months of very light and careful polish faded the etch to almost nothing, and the Trailmaster's etch came off just from one very light polish. I no longer polish any etched carbon steel blades because of this, they get wiped down with a cotton rag and light oil and that keeps them looking just fine. On that note, did you know that cleaner-paste car wax has enough abrasive to knock off light etching too? I like to use it on brass items when I put them in storage, it takes off any light surface oxidation and also protects better than any oil-type protectant I've ever tried.