ZENGHOST :
Where can I find this 80 grit lapping compound?
Lee Valley sells it, they are on line.
Sergiusz Mitin :
Not to make some homemade equipment and to experiment with boards, different stones, lapping compounds and another similar stuff.
You speak of this like it is some tremendous effort. We are talking about making a v-shaped object it doesn't require a finish carpenter. You cold just prop open a hard cover book, it isn't a complicated issue.
The experimenting with hones, lapping compound and the like is also completely optional. Quite simply, instead of buying the sleeves you buy a very coarse benchstone that is all that is required at the minimal.
The mintute it takes you to craft the rest for the stone will be far outweighed by the extra time it takes on the Sharpmaker sleeves. Not to mention of course that you could simply lean the stone against the Sharpmaker rods as Joe noted quite some time ago and I mentioned in the above.
Or to experiment with cheap and primitive belt grinders because only such item you can buy in the price range comparable with the cost of diamond rods for Sharpmaker.
Belt sanders start out at around 75$ Canadian. This is for a one inch, low torque model which includes tool rests, disk sander, angle guides, etc. . Not what you would want for making a knife, but easily far in excess of what is needed for sharpening.
For someone starting out though I would recommend paper wheels for a power sharpening setup. Belt sanders I see more for altering the geometry which you should look into as soon as you start spending any serious amount of money looking for cutlery performance.
-Cliff