I would agree with all of the above statements.
However, I would offer this observation about the performance of particular Damascus patterns and layer counts. In my opinion, some pattern welded blades will offer a difference in cutting qualities. Perhaps better than mono steel according to some. While Bobby states that the uniformity of the steel is a plus, some might actually like the micro serrations provided by the alternating layers of differing steels. As mentioned the heat treat will affect each type of steel differently so the choices of steels in the combination will enter into the list of variables.
Two examples:
1
Two steels very compatible with one another and similar in heat treat such as 1084 and 15N20. It will cut great if heat treated properly in about any layer count BUT it will cut DIFFERENTLY at 150 layer count than at 300-500. Since the steels are essentially the same, the only factor the smith has to make it cut differently than mono steel is the frequency of layers and perhaps the pattern.
2
If the smith were to introduce an odd steel, or even iron, into the mix with his pet two steels, he can affect the cutting qualities over and above the layer count. This is true up to a point where the carbon has fully migrated from the high carbon to the iron.
While it is true that the differences are noticeable by those who make and test often, for the most part, it's a wash out. I certainly don't want to cause confusion. I want to try to help Ron get the answer he's looking for.