I have looked into the 3 major ways to put an edge on a knife: Paper wheels, shaprening systems (Lanski, Sharp Maker, etc) and traditional stones. A couple of observations: All of them require some amount of money, time to learn, and time to do. The Stones...well, are expensive (depending on brand and amount of stones bought), have a looong learning curve and, depending of severity of the blade, may take quite a while to sharpen a knife. The systems are cheaper (I bought a Lanski 5 stone for $40 at Sportsmans Warehouse), have a much shorter learning curve, and are quicker to sharpen up a knife. The paper wheel kit is pretty cheap. I found the basic kit at Woodcraft in Tucson on sale for $38. The learning curve is reletively short, and takes only a few minutes to work a knife to sharp. Now, it does require you to have a bench grinder or buffer, so the cost for that must be factored in. On the other hand, you do have it for life and you know you'll use it for other things.
You can always pay for sharpening, but that will get expensive over time and has no end. I have to say that Richard J is a helluva guy. I wrote him a few weeks ago and I no sooner had sent it as the phone rang. We chatted for awhile and was more than happy to answer any question posed.
I will state I am a total novice when it comes to knives and sharpening but that is what I am experiencing so far. Good luck to all in their quest for the perfect edge!!