Well I've been useing ceramic, diamond, and water stones for a few years now. Water stones cut quickly and are available in a wide range of grits. However, if I had to buy a new set of sharpening stuff with what I know now I'd get Diamond for everything 1200 grit and under and ceramics for higher grits. For some reason I really prefer the feedback I get from fine ceramic over waterstones, and ceramic is alot cleaner too. My water stones are great for polishing those large bevels but I seem to get a better edge right at the very edge with the ceramic. Anyone else prefer diamonds and ceramic over the water stones?