Okay.... got my Aligner today and just now was able to open it up and mess around with it. Brought some cheap knives with me here to work (graveyard shift).... Gerber LST (was actually already AT work cause its my "apple knife"), Kabar Dozier folding hunter (AUS8) and of course my EDC (BM Griptilian sheepsfoot 154CM). I followed this process almost exactly with each knife.
Aligner for the primary bevel 17/34 deg:
1) blue stone about 30-50 light strokes per side (to rebevel the primary) at the lowest settings (16" or so, per SIDE I'm told

...). Some strokes were circular to remove metal quickly but finishing strokes were whole blade strokes.
2) red stone about 15-20 light full blade strokes per side at lowest angle.
3) green stone about 15-20 light full blade strokes per side at lowest angle.
on to Sharpmaker for my secondary bevel at 20/40 deg:
4) brown corners about 20 light strokes
5) brown flats about 20 light strokes
6) white corners about 20 light strokes
7) white flats about 20 VERY light strokes ending in BARELY ANY pressure
to the strop (belt loaded with Cr2O3)
8) about 20 light strops per side followed by *ONE* VERY LIGHT HIGHER-ANGLE PASS per side.
RESULTS:
The Gerber, which wouldn't cut butter before, now slices newsprint quite nicely... the serrations are also nice and polished looking as I got out the Aligner's serration file).
The Kabar Dozier has been restored to its prior state... it will push cut newsprint and it seems that its primary bevels are noticeably cleaner and more well defined now. Nice!
My new BM Griptilian HG (plain blade) already shaved and, despite my rigorous use all day today in the yard, was STILL poppin' hairs.... but IT NOW WHITTLES HAIR. SUPER sharp.
I'll have to say that, despite the fact that the Aligner's angle "choices" are less than ideal, they at least equal the Sharpmaker, however, the two systems make a nice combination for those who need a nice, guided reprofile to set the stage for an amazing secondary bevel. The diamonds simply CHEW through metal which is quite nice.
If I were rich I'd go out and buy a DMT benchstones (XXC through XXF) and practice my freehanding but I can't afford anything of the sort right now.
GOOD STUFF!