Don,
There are several fine carbon steels that will perform. It takes two elements for a blade to cut and hold an edge. The heat treat of any steel has to be right, but it also has to have a good geometry for the intended use.
Carbon steels are great, in my opinion. Within the catagory, there are some carbon steels with certain alloys that will improve edge holding, but might make it more difficult to sharpen. Vanadium for instance. I personally like simple steels (low in alloys). Crisp, tough, and easy to sharpen. Damascus usually is made up of two types of carbon steels so the same applies while adding the very real possibility of an aggresive, toothy edge.