StereoPete,
I'm enjoying watching your progress. I guess I just wanted to throw out some encouragement from another beginner. So far my only knife is a small one I 'forged' (used very loosely) and it didn't turn out great but I had fun making it. You're taking a more methodical (sane) approach and will surely get better results.
I'd been expecting to have to forge or remove huge amounts since I have 3/16. Seeing you make a knife similar to what I want to make next with thicker stock, using the same range of tools as I have at hand is in its own way I'm as inspired to see another person starting as I am seeing masters turn out things I doubt I ever could.
As for the pregnant bulge, I tend to agree that it seems a little much. Now, I have one of the lesser experienced eye for knive designs (or pair of eyes) here but I have noticed that many of the first knife designs seem to have more extensive curves than those made later. Extra curvy handles in particular. Yours is less extreme than the others with this.
I'm no expert so someone with more knowledge should check my work but here are some filing pointers I've picked up over time that are now helping me as I make my first tool and knife blades:
The two types of filing serve different purposes and, as such, are used at different points in the process.
Draw filing, in which the file is moved perpendicularly to the length of the file, in this case the ricasso to tip motion with the file and blade make a + shape from above, potentially leaves a much smoother finish. It is also easier to keep the bevel angle consistent this way compared to cross filing (the other way) when each are done free-hand. I've read you can end up with a washboard type waviness if not careful: the bevel angle may be the same but the amount removed can vary. I haven't run into that in my non-knife draw filing but it makes sense.
Now, I've also read a couple places you can cut in each direction when draw filing with less risk of dulling the file. I don't think this is true - it makes no sense to me and I've seen others say it is a bad idea. Just a warning that it's out there. The teeth are still rubbing the wrong way IMO. Maybe someone can clarify?
Cross filing - the other use of a file - is good for faster stock removal. Using the jig shown in the video would take care of the angle control issue.
Don't use any pressure on the return stroke, keep your files clean and remove filings as you work with a file card, don't let them bang into each other in storage but wrap them separately, keep magnets well away from them (goes with keeping them clean and clearing the filings), always use handles so you don't stab yourself and have good control, chalk for softer metals that clog (aluminium etc.)...
Well, that sums up what I know. There is a lot more out there, including, of course, here:
http://www.bladeforums.com/forums/showthread.php/341886-Draw-filing-tutorialhttp://www.appropedia.org/Filing_Metal
hope this helps