Good job Stitchawl... some tips that work with the EP, and not against it. BTW, it was nothing personal... most of your tips and info are pretty good, I just happened to home in on one that really wasn't. Hopefully someday you'll see it (although I suspect it won't be by your next post).
Anyway, on to other stuff. Although the EP is pretty good at reprofiling a blade, sometimes there's better ways. One thing to keep in mind is that major metal removal doesn't have to be as precise as setting/sharpening the final edge. Depending on your needs, if you plan on doing a lot of this, or have a knife that needs some serious work, you might look into a way of removing metal that's better or faster. For example, you can get a coarse benchstone, grind a bevel that's at or lower than what you want to finish at, then switch to the EP to clean everything up and put on the final edge. Prop the stone at an angle, and it's easier to match things up. You can also start the bevel on the EP, (making the bevel you want easier to match), switch to a stone to do the grunt work, then finish it up on the EP. Even using sandpaper... it's better to have a large sheet doing the work, instead of a 1x6 piece that will wear out rather quickly. A beltsander with a coarse belt is another example... you can do some of the major work without worrying as much about overheating or incorrectly sharpening the final edge. Finish on the EP and you'll end up with the final edge you want, but in a shorter amount of time. Also consider using a primary and secondary bevel, it can make the job go faster and most times you won't see a difference in performance. Just a few ideas... there's tons of them out there. In the long run, some of this can end up being cheaper, and certainly faster. (Of course if this is just an occassional event, it may not be worth it.)
As for flattening the EP stones with sandpaper... I tried it too without much success. I've tried diamond stones, sandpaper, bricks, drywall screen, and other stuff I can't think of right now. For me, the SiC powder has been the most effective at not only flattening the stone, but making it cut better.
Someone asked about other stones... CongressTools
(
http://www.congresstools.com/congresstools/catalog?action=getcat&parent=72 ) (it says polish stones, but there's coarse ones in there) sells a lot of different stone types if you're interested in experimenting. They have 1x6s that will fit an EP stone blank (but you have to provide the blank). I tried a bunch of different types a few years back. At the time, nothing really stood out over the EP stones... some cut faster but tended to wear down faster too. (I lost my notes, so can't give you specifics.) But they were fun to play with...
cbw