As I was led to understand, the cranks I referred to as "semi" were done by Scat as a bunch of billets from standard forging material, roughed in, and left unfinished. Lets them get a 3.78 steel crank without the full 3 grand price. I think they were done for one of the Cobra builders that prefer or are required to run standard displacement. Not sure how many still exist.
As for the RPM stuff - I have a bunch of them out running fine. They seem to run on the high side of dimensions and be rather variable as well. I have no way of checking metallurgy although I am certain that Scat does. The Scat part is definitely different. While both are obviously forgings, the simple fact is that they are in no way comparable to something from Bryant, Crower, or Scat's own billet offering. But they do seem to be more than adequate for any normal use.