Definitely; looking back, it appears that matt is using W-1, which is basically 1075 high carbon steel. Since it's rated as a water-hardening alloy , he *aught* to be fine with water quenching. But maybe not.
If I were going to do oil quenching, I'd use olive oil. It smells nicer than motor oil. ;)
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If I were going to do oil quenching, I'd use olive oil. It smells nicer than motor oil. ;)