i have done knifeplay numerous times, and moreso with my current Master than anyone else i've scened with. i really love it. i don't find it painful, or even "pokey." One of my Mentors describes knives as "scratchy" toys and i would agree with that.
We have also done some swordplay, but most of the "swords" that my Master owns are wooden-style. Really good for impact play, not so good for blade play. However, i have done sword-blade play in the past. It is generally good for show, but not necessarily as functional as small blade play. It has a different purpose.
i don't know if i would make a specific point regarding temperature play and knives. i suppose that it is a good point, but you have to be really careful about heating any form of metal. Knives are cold, generally, unless you warm them up first.
i have had knives pressed to my neck and on various other areas. i find the threatening rush more exciting than the lines left by the blade, although they can leave some pretty patterns.