lots of good info here.
http://en.wikipedia.org/wiki/Liquidmetal
Apparently they tried making golf clubs out of it, but they kept shattering after about 50 swings.
looks like this is essentially a glass or ceramic like material, but made using metals. Not even close to being steel. No iron, no carbon. No defined crystal structure, so more like a glass than a ceramic. It appears to behave much like glass too. very brittle, unless they completely overcame that problem somehow.
Actually, a broken glass edge is the sharpest edge physically possible (but very fragile, of course). It tapers down to a few atoms thick if it's broken just right. They use broken glass knives to cut specimen slices for electron microscope imaging, so we're talking slices a few nanometers thick. If it can cut through a mitochondria, that's pretty damn sharp. But of course that edge won't last long at all.