Like any modification, you gotta look at the intended use, and make the decision that's right for you.
I use steel wire on the rig I use for trail building. I'm relying on a partner to rig it, and I'm dragging trees out of ravines, or quickly uprighting a Jeep to avoid hydrolock or lost fluids - I'm not going to stop and re-rig to make the pull. Or some noob drives over it. It's covered in dust in the first 45 minutes these days. I know it'll get abused. . . 1 or 2 seasons and it's time to replace it. I'm running 125ft, If I need to, I can get some of the end removed and recrimped for cheap, or replacement is about $85 shipped to my door. If I had the budget, I'd run Superline, yell at a few noobs, and take the time to re-rig and avoid abraision but, I'd never use AmSteel Blue for this application.
I am considering moving the steel wire from my DD to the trail rig and re-spooling the DD with AmSteel. My objective is to lighten up the front end, and the winch seldom sees use. That'll take off about 30 lbs with the wire and fairlead. The old AmSteel Blue is still in use by plenty of people and 5/16 x 125 is about $230 shipped to my door.