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Ok, this should probably be the last NEEDED post in this thread. Here is an article to read. A defining article:

The lowdown on forging

Here is one response to a question about forging vs....

That being said- unless you leave rough hammering in the steel when all is said and done, one should not be able to tell the difference aesthetically between a forged blade and other... Forging is...

Guys have done serious research here and the answer is: makes absolutely no difference in terms of the final product.