Yes, 1095 steel is widely regarded as a good steel for various applications, particularly in the realm of knife making. Here are some key characteristics of 1095 steel:

1. High Carbon Content: 1095 steel is a high-carbon steel alloy, typically containing around 0.95-1.05% carbon. The high carbon content contributes to its excellent hardness and edge retention. It can be heat-treated to achieve a high level of hardness, making it capable of holding a sharp edge.
2. Hardness: With proper heat treatment, 1095 steel can reach a high level of hardness. It typically falls within the 58-62 HRC (Rockwell hardness scale) range, making it well-suited for cutting tasks that demand excellent edge retention and sharpness.
3. Toughness: 1095 steel exhibits good toughness, allowing it to withstand impacts and resist chipping or breaking under normal use. While it is not as tough as some other tool steels, it offers a reasonable balance between hardness and toughness.
4. Ease of Sharpening: 1095 steel is relatively easy to sharpen, thanks to its fine grain structure and high carbon content. It can be honed to a keen edge with relative ease.
5. Affordable and Readily Available: 1095 steel is commonly available and relatively affordable compared to some other high-performance steels. It is widely used in the knife-making community and is often chosen by both beginner and experienced knife makers.
6. Rust Susceptibility: It's important to note that 1095 steel is not stainless and is highly susceptible to rust and corrosion. Proper care, maintenance, and regular oiling are necessary to prevent rust and maintain its performance.

Due to its combination of hardness, edge retention, and ease of sharpening, 1095 steel is frequently used in the production of quality knives, tanto blades, and other cutting tools. However, it's important to consider the specific requirements of your intended application, as the choice of steel should be tailored to the desired performance characteristics and environmental factors.