This was the subject of another thread. I recall someone favoring a styrofoam cup for testing. If you could make a clean cut without shredding the cup it was sharp.
I tried it today and slicing worked OK, but push cuts shredded the cup some. The knives were fairly sharp- Blade Forum Spyderco Native, Busse Battle Mistress, and Umfaan.
Perhaps whoever uses that method can post some insights.