I've got to respectfully disagree with Dcon67 here. While I agree the Edge Pro is an excellent system and my personal favorite, I don't think that the base system is better than a sharpmaker and a coarse stone. The medium stone with the Edge Pro is way too fine for serious reprofiling, and the fine stone isn't fine enough to give the scary sharp edge the Edge Pro is capable of with the stone upgrade kit. Now, IF you're willing to bite the bullet and pay for the Apex with a stone upgrade kit, the Edge Pro is unbeatable in the world of manual sharpeners for someone with little experience. If you can't justify spending that kind of cash, you'll be better served by a Sharpmaker and a coarse stone, IMO. I own and have used a Lansky, the Sharpmaker 203 and the 204, an Edge Pro, a Smith's Tri hone, a HandAmerican ProCombo Deluxe system, and a variety of freehand equipment, just to give you an idea of what I'm basing my opinion on. The Edge Pro has worked the best for me, followed closely by the Sharpmaker. The Sharpmaker is excellent on knives with thin edges; unfortunately, most factory knives will need to be drastically reprofiled before their edges are thin enough for the Sharpmaker to be effective. Hence the need for a coarse stone. I personally feel you'll be better served by a stand-alone coarse stone rather than the diamond rods because it will be more versatile, and I feel the diamond rods are overpriced. I prefer the Edge Pro to the Sharpmaker basically because it allows me to get a very even, smooth set of edge bevels, and the stones it uses cut faster than the Sharpmaker's ceramic rods. I use a strop to finish all of my edges, so the sharpness of the edges I get from each system are about the same, it's just that the Edge Pro's edges are prettier and I get them a lot quicker.
Another consideration is your understanding of the sharpening process. Knowledge and understanding of what it is you're trying to accomplish are far more important than which system you're using. I've sharpened knives using nothing more than a rubber sanding block and various grits of sandpaper. I got the knife hair flinging sharp too. I highly recommend reading
The Razor Edge Book of Sharpening by John Juranitch. You might be able to find it at your local library, or if they don't have it they may be able to borrow it from a neighboring library. That's how I got a hold of a copy, if not you can buy it from
www.razoredgesystems.com . A google search for "sharpening" or "knife sharpening" should yield lots of good information as well. Same goes for searching bladeforums. Read as much as you can, practice diligently, and you can become quite good in short order.