Steve,
I used 1095 and L6 saw blade. The key is to etch,sand,etch,sand etc so the etch is deep enough that the L6 (the more noble of the two) stands slightly proud of the 1095 and is the more polished of the two. It's important to sand the L6 highlights to about 1500-2000 grit to get non muddy highlights on the L6. If you can see grind lines on the L6, it will come out muddy. I typically use a painters stirring stick with some gasket material glued to it as a backing block for the sandpaper. Unfortunately, there aren't many shortcuts for hand work.
Anyone care to chime in here?
John