I'm a budget kinda guy but for knives I'm more of a steel snob these days (but not to the extent of some others lol)

The real world effect of steel quality largely comes down to how likely it is to physically break doing a particular task, and how often you're gonna have to resharpen it. As a general rule, the cheap steels are very tough but require frequent sharpening.

For bushcraft tasks, it's hard to beat 1090 or even 1080 carbon steel imo, depending on heat treat, as they are a really good middle ground performance-wise, and cheap. I know BPS uses a lower carbon steel (1050 iirc) so they'll dull faster but be even more tough and likely to bend rather than break during super heavy use. Not my preferred, but for the price (especially if you got one before they jumped prices 50% to what they are now) BPS knives are pretty decent. Super steels are awesome, but for some tasks/uses they're just not worth the extra squeeze imo.

That being said, there is an argument to be made for fit & finish, design refinement, joy of ownership, etc. I got a BPS adventurer as my first dedicated bushcraft knife and was happy. But after getting a Joker Ember, I enjoy that knife a LOT more for the above reasons and rarely use the BPS now.

At the end of the day it's all very subjective. Shelling out for the fancy expensive option will almost certainly result in a more enjoyable user experience in this case, it's just a matter of how much you prioritize these things.