Hello and, welcome! IIRC, the steel used is 420, which is similar to the one used by SOG and Learherman's. It's probable that, as you said "it is just a smaller sample size leading to fewer pictures of broken units", particularly the CD. What little I know from browsing is that most fails/breaks are on the tips of the MP 400/600 series, being the most models sold from Gerber (but still a smaller number than Leatherman's or Vic's), probably from twisting (same as with leatherman's); I've seen an occasional full jaw fail at the cutters cutout. The other major fail of Gerber models are their replaceables cutters but, since they're not really integral to the tool, does not physically affect them (the company's and/or tool image is another story judging by the comments/reports on the web). I own MP 400, 600 and CD's and really like them for what they are and the ability to modify/customize them to my hearts content; my only broken tools in over 10 years of ownership had been a small flat driver from attempting to remove a seized derailleur screw (later converted to a mini awl) and a pair of the tungsten carbide cutters with a wheel spoke (replaced with HSS cutters and no more issues); one of the CD's have slightly crooked jaws but they do not limit or affect gripping performance at all, just aesthetically.