Go to the thrift store and get an old belt. One layer with rough "suede" type leather on the back. Cut off the buckle. Nail it to a board close to the same width as your belt. Load with compound. Lowes has those, but so does Woodcraft, or any other woodworking store or website. I use tripoli from Woodcraft, and the gold pollishing compound. Make a different strop for each compound you buy. Get an agressive cutter, and also a polisher. 2 should do. I get two strops from a belt. This solution will cost you very little. I can't imagine sharpening taking hours. I have a 1x48 belt sander though. Even before I had that I've never spent more than an hour sharpening anything. Takes a day to lap the sole of a plane, and that is substantially more work. I think 150 grit sandpaper on a mousepad is too rough. I'd start with 220, but only if I'd had a knife fight with a chevy. Once you get an edge move to the strop. Dont try to get the knife sharp with the sandpaper, or whatever else you use to remove lots of metal. The strop will get you a razor edge in just a few strokes.