Usually its the softer steel laminated over the harder steel...I'm not sure 154CM over SR101 would work??? I say this because Falkniven uses the softer 420 steel over top of VG-10 which is harder. The soft outside offers the toughness while the harder steel underneath helps to keep a sharpened edge and retains the sharpness longer.

How about SR-77 or SR101 laminated over the 154CM?

I voted for SR101 but I will buy one regardless - 2 if Infi <img src="/ubbthreads/images/graemlins/laugh.gif" alt="" />