Sharpness and cutting efficiency are 2 different things. Sharpness is pretty much independent of the angle. Sharpen a knife at 10 deg, and another at 20, run one thumb down each, both thumbs are cut (don't do this, just an illustration). How well and deeply they are cut is another question. So part of the question is how you define sharpness.
Cutting efficiency depends upon several things, not the least of which is the cutting media, as Thom has shown me. As GibsonFan noted, obtuse angles can dull quicker than acute angles.
What I do, which may or may not be helpful to you, is to thin the edge to the point I start to damage it, then back off slightly. A microbevel is very useful here. You can take edges down to the point that Jeff Clark mentioned, and with a micro bevel decrease the chances of damage.
Here is a picture of my CS stockman. I thinned the edge on the main blade to 24, the spey and sheepsfoot to 18 (these were convenient marks on my edgepro). I did this several years ago, and will probably go even thinner in the future. This is what it looks like, if you can live with the wide bevel, go for it. The performance increase will amaze you. I give my Queen stockmen the same treatment.
http://i137.photobucket.com/albums/q203/sodak_photos/p1010009.jpg