Stones are great to work worth (I need to get some actually), but require a lot of practice to make or maintain a convex edge. Work Sharp will put a wicked (or screaming) convex edge on, especially if you get more than just the 3 standard grits it comes with. A leather strop (I also need to get one of these as well), with or without compound it will help keep your knife sharp (with either convex or V grinds) without breaking out the power tools or tearing apart your kits to find the stones.
Now, if you don't want a leather strop, some people (myself included) strop on their jeans/hunting pants/duty pants (BDUs), and I heard a while ago that Jerry Fisk strops on his palm, they all work, some better than others maybe.
Take what I say with a grain of salt as there are many masters and I am but a knee high grass hopper.