I think you're spot on. It's a toothy, but sharp edge. It will shave hair, but I wouldn't want to. I think it'll slice a tomato, but it's definitely no kitchen knife. However, for most EDC things it should work well.
IIRC the hardness on dendritic cobalt is usually between 45-50 Rockwell. Which would put it at the very low end of hardenable steels. Flip side no concern over edge chipping, but rolling could be a concern.
One benefit of the dendritic cobalt is, you can sharpen it easily with lower grit soft stones or even sand paper and there is no need to polish the edge with progressively finer grits. Recommended is ~400 grit soft stone.
Indeed the blade should be virtually corrosion proof and the titanium handle will certainly resist oxidation in most environments (I'm not planning to head to any deep ocean vents anytime soon).
I'll throw this on the angle guide soon and see what angle the edges are set at and take a closer look at the grind under magnification. My general eyeballing sees a convex grind with primary bevels about 10-degrees and secondary bevels at about 15. But it could be 15 and 20. It offeres a decently thick edge, but not as thick as other framelocks I have on hand (like the DPX Gear HEST I have here which has a thick edge).
The ergos are great and the addition of jimping on the backspacer really does a nice job. I was worrried the Ti might be a little slick and it's certainly not the grippiest material, but the basic bead blast and jimping don't let it walk out of my hand.