Thanks for the help. To try to answer the questions, I have made knives for over 25 years. I have made and heat treated my own damascus. I have heat treated O1, 5168, 1095, 1084, L6, and probably some others. I have several forges, and a 100 lb. power hammer to draw out the tangs. I also have a heat treating kiln, and tempering oil.
I have not checked into the tempering procedure for M2. It may be that It is too complicated for me. I also make knives out of ATS-34. This is a stain resistant high carbon steel. I don't try to heat treat those. I send them to a heat treater named Paul Bos. He has the latest in heat treating equiptment and always does a good job.
As far as the tools I would make, I need to make some more scrapers. I need the steel to be maybe 3/8 thick and from 1/2 to 1" wide. Length does not matter that much as long as it is long enough. I made one set out of 01. I followed the demensions given in some of the lathe tool catalogs and now feel I made them too short. The scrapers work good, I just need them to be longer. It may be that I will need to use 01 again.
Since I was going to make more tools I thought I would try M2.
I read the article in American Wood Turner and sent for the Dixie Industrial Supply Catalog. The problem is, I can't find M2 listed in this catalog.
Everywhere I have seen M2 listed it is too expensive for me to make tools out of since the lathe tool catalogs sell finished tools for about the same price as the raw material.
Thanks for the replies, Tom