I understand that it will not function well as a knife. I understand that it will not harden. These are things that I was aware of before it was ever introduced to fire. This is a novelty item. My doctor gave me the spike and in turn I forged a novelty knife for him.
I will continue to make RR spike knives, simply due to the fact that is what is available to me.
I also cut myself with it, therefore I reject your suggestion that it is merely knife looking. :)