As far as I can tell, straight-razor shaving harkens back to an era when men did not shave themselves. An upper-class gentleman was shaved by his valet. A lower-class man was shaved by his wife (or a daughter as part of her preparation to become a wife herself). And a middle-class chap, while he might not have a valet, saved his wife this task by going to the local barber for a penny or two once or twice a week.
I've often thought that a straight razor with all of that honing and stropping and whatnot would be the perfect answer for the man who did not have enough for his valet to do. Very often, an upper-class man would own a set of seven razors, one for each day of the week. The whole set could be sent out to a local (or household) craftsman for maintenance occationally. Gentleman's travel sets from the era often include several razors so that the honing and stropping gear could be left at home. The point here being that men didn't do the maintenance on their razors themselves either. The upper-class gentleman either had his valet take care of the razors or sent them out. The lower-class man's wife took care of his razor. And the middle-class chap left the razor's maintenance up to his barber.
Also, in that day and age, the standards for shaving were less demanding. The upper-class gentleman was expected to be shaved every day. But, with his valet taking care of most of the work, this only took him a few minutes per day. The middle-class and lower-class men might shave only once or twice per week and a bit of stubble was acceptable for a man in their station.
So, for the modern man, without valet, barber, or wife to aide him, who tries to take on daily straight-razor shaving is trying to take on something he was never intended to do anyway.