spyderco sharpmaker is actually pretty good for learning, IMO. I had watched a bunch of videos and tried stones for awhile, but I never "got it". Then I watched the DVD that came with the sharpmaker. Sharpened a few knives that way to arm hair shaving results. After that, I really looked into what was going on with the angles and pressures, and how that could be translated into using a bench stone. Once it clicked sharpening as a whole became easier for me.
Sharpmaker is really limited on PUTTING an edge on a knife, IMO. It's great at taking a knife with a good but dull edge, and getting it screaming sharp. But if you need to reprofile or really repair an edge, it will take you all day.