As an inventor of blade steels, I'm into paying a lot more for slightly higher quality cutting tools. I have a $350 folder in my pocket right now (no, I didn't personally pay that much).
The steels are designed and mostly used in machining equipment, to cut other steel. They find their way into a few really high end consumer knives. Still, in that market, unless you are really, really more demanding on knives than mere mortals, then this thing isn't any better than your decent quality run of the mill $50 hunting knife from the likes of Buck or Gerber. Oh it's a slightly better combination of toughness/hardness/wear resistance/corrosion resistance/sharpenability/etc than the cheap commodity stuff. Maybe a professional chef or something, but I doubt the average knife user will ever notice in use, and that includes me. It's what I do, so I'm into it, but knives aren't something that needs a lot of improvement for the average consumer. The status quo works just fine. Buck and Gerber make fine cutting tools for the masses.
But when it comes to nippers, I'm more like everyone else. It's just not equipment which needs to be improved. Like Becker, I've never been streamside and muttered to myself "dang these cheap nippers!" I'll happily stick with the cheapo ones you get in a plastic bin.