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It looks like they set the bevel with something coarse, then polish the edge to remove the burr. Looks like what paper wheels do.
The factory edges are done by hand and they aim for 30 degrees inclusive so try the 30 degrees setting first. The best way to see if you're hitting the edge is to color the edge with a Sharpie. Then take a few swipes and see if the rods are indeed hitting the very edge.
If you're going for a micro bevel, then the 40 degrees will work.