jpero----
I've been there! I have the Sharpmaker as well. As others have mentioned, there's a good chance your knife needs reprofiling before going to the SM. "Hardheart" is right on----you can do it using the coarser rods on the SM "backbevel" setting, but this can take a very long time, especially if you need to thin the blade significantly.
After reading many great reviews and watching some vids on the Edge Pro "Apex", I bought one for this reason. I recently reprofiled the edge on a full-size Ka-Bar. It works beautifully, the bevel looks great, and most importantly, this allows you to go to the 40 degree edge rods on your Sharpmaker where it's then a quick process to bring up a razor edge with 20 LIGHT strokes per side. The edge can then be easily maintained for a long time by using the Sharpmaker alone.
But the thinning down or re-profiling is where something like the Edge Pro really shines. Yes, you could do it freehand on a bench grinder or belt sander using a LIGHT TOUCH and dipping in cold water often and then finishing with the Sharpmaker, but the main bevel (primary or back bevel) looks factory clean and neat using the EP. It can also be polished to a mirror finish with the EP by using finer and finer grits if you are that patient or crazy, but it's not needed really. I like things precise and to look "factory-ground" (or better!) so I love the way I can do this with my new favorite tool---the Edge Pro.