Razor Sharp Edgemaking System has replaced almost all the stones and plates in the shop. We use 2 wheels for grinding steel, and two more for buffers, and two wheels make up the Razor System.
Basically 2 simple 8" cardboard wheels. One gets a bit of glue on it and then some grit is sprinkled on, and the other is a compound based surface.
Get all the knicks out of the edge and then go to the 'coarse' wheel and spark it it up, holding at the correct angle so as to touch the tip and the back heel. It is possible to blue the steel so care is still required. Then to the back to remove the burr, then to the face again, and back -until the burr is removed. Then on to the fine wheel and copy the angle and polish the edge. Turn over and repeat, also removing the slight burr from the first side. Back and forth a few times until there is no burr left.
I was told this is the same method that scalpel makers use to give their products that cutting edge. A carver showed it to me about 15 yrs ago. No good for router bits or carbide, but excellent for plane blades and chisels and carving tools. Also any kind of HSS knife, kitchen knives, pocket knives, etc.