mrstenoien, don't confuse primary bevel angle with edge bevel angle. While 17.5 may be the main bevel angle, typical Western edge bevels are 22.5-25 degrees or so. An actual angle of 17.5 would be very acute and produce a sharper edge.
Another point is whether a chisel grind has a "zero edge" as in many Japanese cooking knives. When the primary bevel goes all the way to the edge (no secondary bevel), then you have a much more acute edge angle, and they get very sharp. Rather than sharpening just an edge, the entire bevel is placed on the stone. This is common in many Scandavian blades, too. The downside, of course, is that there is less steel behind the edge and they are not as strong, rolling easier.
Nova, the one side chisel ground, one side hollow ground zero edge is a traditional Japanese knife grind. You are right about how sharp they get. My wife shaved a fingertip recently with one and didn't even know until the blood was wetting the veggies.