I went full retard and invested in a Tormek so I'm now covered for anything with an edge in either the household or workshop.
I haven't used too much as yet, but one thing it's taught me so far is its hard to polish a turd.
You can achieve perfectly adequate results sharpening a cheap knife with it. However, sharpen an expensive knife made from premium steel and you get next level sharp for the exact same effort.
In many cases, I think mixed results and expectations for any sharpening technique or system can be put down to the knife steel as much as anything.
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