A couple Toyota 8" sets running 40s and long fields ( weak point now becomes the ring and pinion). Neither have broken after several years wheeling. Same setups cause I did them all
On a couple 9" both running 44" tires with spools and big power.
It works, its been around a long time for edge tools. Basically it finishes a microstructure transformation in steel that can't fully occur due to the limitations of ambient temperature.
The problem is the cost of doing it is more expensive than buying another tool. Carbides rule over any kind of treated steel for edge tools, so its available but not widely used.
Not on tooling either but..I had it done to the valve springs in my engine for my race car, I spin my big block Chevy 9000 rpm, thats hard on valve springs, mine have 1000 psi over the nose. Cryo treating them, is suppose to make them hold their pressure longer. its common on a race engine to lose v/spring pressures over time. i never have done it prior to my last engine. I have about 50 passes on this one so far and the spring pressures are still in spec, ide say it works.
My senior design project back in 02/03 was analyzing/testing (fatigue) D2 tool steel heat treated vs cryogenically treated material. To save you the 100's of charts/graphs/data and give a quick summary the cryogenically treated had a significant increase in fatigue life.