Well that is a great tool. That is very expensive...like about $250 with everything you need. It will achieve some fantastic results and is way better than the other jig tools in that the jig is not attached to the spine of the knife.
However, I suggest you learn freehanding. I went the medium expense route there and got a set of diamond plates...very aggressive. About half the price or even less on sale. You could just get good old fashion Norton Oil stones and that's gonna run you about $50.
Now here's the beauty part to that route. First you really do need to be able to freehand. It's just a skill any knife nut or outdoorsman needs. And yes it does take some practice to learn how to do it but so too does the Edge Pro. But you won't have to expend "Samurai Swordsmith" kind of time on the thing. Get down the basics, and then finish the job with you Sharpmaker. It's that final refinement of the edge that's the hardest part. Early on, you learn to get that bevel down to a workably acute angle (less than 30 ideally) and then you use the Sharpmaker, just as described in the DVD that comes with, to get that edge very, very sharp. After some practice I can now freehand the thing to as sharp as I want without the Sharpmaker but I do use the Sharpmaker for subsequent touch ups.
Now that's me (and a lot of other guys too). I don't think I have ever heard a bad word said about the Edge Pro in terms of how well it works and the kind of results you can achieve with it.
Do some searching. No sharpening project, regardless of your technology, is really done until you strop. There are thousands upon thousands of words written in this forum on the subject of stropping.
The Sharpmaker is a fantastic tool but it has its limits. Reprofiling an obtuse edge or touching up uneven bevels are beyond that limit without the preparatory work I described above. I believe that the Edge Pro comes with a phenomenal variety of grits and thus is suitable for re-profiling work.
I think you will find that just about all the factory knives below a price point, no matter how nice, no matter how sharp, will benefit from reprofiling. I reprofile everything eventually...most right out of the box.