First thing I did is try to chop through a dead branch:

In my opinion, the knife is way too light for this kind of work. I've never done this kind of thing with a knife before but after trying it I don't know why you would want to. Not having a lanyard limited how hard I was going to swing the knife, because the handle is too narrow and slippery to get a good grip, but I don't think I would have swung much harder anyways because my hand slid way down to the end of the handle which impacted my hand quite painfully when I hit the wood.
Another thing I noticed is that the blade didn't really dig into the wood, but it tended to slip and slide sideways across the wood, even at a near-vertical angle. I don't know if this is because of the convex bevel or because the knife is so light or what, but it wasn't that the knife bounced back off-it literally just didn't cut into the wood.
In my opinion, chopping with a knife is a pointless thing to do. If you are at home, there is a much better tool to use-an axe. In the wilderness, I think that by the time you moved up to a knife heavy enough to be a decent chopper, you might as well bring an axe, but I would much rather have a smaller knife combined with a lightweight saw.
The next thing that I decided to do is find something to baton through. I made my baton out of a piece of dead wood which I chopped off (also neither easy nor comfortable), and then started batoning through the dead stump of a young tree:


Batoning is surprisingly painful! It hurt like ****, and I'm used to doing a lot of hard, dirty work with my hands. Seriously, it hurt so much I couldn't do it. It didn't matter if I had gloves on or not, when I hit the knife with my baton it felt like I had taken an iron bar and hit a rock. The knife seemed to go through the wood okay, though, and I could see this being a useful thing to do with a knife, but I would either get some really good gloves or use a knife with a kraton handle.
Next I decided to do some more detail-oriented tasks, so I got some wood to sharpen to a point. Just as in chopping, the blade slid off instead of biting into the wood, making it very hard to actually whittle a point in a branch. In addition, the blade is very wide making it hard to control the knife.

To compare, I busted out my Sage, which I found to be a bit short for this kind of work, but it bit right into the wood and I didn't have any problems getting a nice point on the stick.

I also got a living branch because I figured maybe it would be easier to work with, but it really didn't cut the way I wanted it to. If the knife was smaller I might have been able to control it better, but it wasn't suited for this kind of work either.

Finally, I decided to chop some ice for fun, because I was close to a small pond. The Forager excelled at this, no comparison vs. chopping with a hammer or a hatchet. Not sure why anyone would ever need to do this except for fun, but it can do it no problem.

When I got back to the house, I decided to baton again through some wood specifically stored for firewood to see if there'd be a difference. I also remembered that my camera has a video feature, so I took a video of me doing some batoning:
http://www.youtube.com/watch?v=LBx0Eje-C0A
Conclusions
The knife is... kind of a compromise between too many things. I read somewhere that Jerry Hossom thought that the best one is the Woodlander (one size smaller than this) and I don't doubt it. I've watched a lot of videos where people decide to chop trees down with knives, and after this I really honestly don't see the point. This knife is way too light and uncomfortable to effectively chop at anything, but it's heavy enough where you will know that you have it with you. I think a better choice would be a smaller knife with a 4-6" blade, which is much handier for every other task but still long enough to baton through anything you'll need to baton through (after all, the way I see it the only reason you'd need to baton anything is to get wood small enough to use as kindling, after you get a good fire going just throw a regular log on that sucker).
My thoughts on the knife itself, just as a knife:
I love everything about it except for the handle. The finger choil is too small to use with thick gloves on, and the handle is too small around to get a good grip on. I'd say that I used it pretty hard, and the knife took it no problem. The scales came loose again, but that's nothing locktite can't fix. Other than that it's in perfect shape, no chips in the edge or marks on the spine or anything.
The knife is dull now, it can't cut paper, but I have the feeling that it might not have been especially sharp when I got it because it is dull along the whole length. In that case, if it was properly sharpened it might have performed better today for whittling and chopping.
I will keep it around the house to use in splitting wood too small to stand up and split with an axe.
Thanks for reading! Hopefully you found it informative and not boring or too critical.