Following Bill, Shaw and Nick, I'll go into a bit of detail rather than just saying "stones".
My finish beveling usually ends up with a rather sharp but yet unrefined edge. The final process removes any unwanted "micro-tempering" and sets the lead cutting edge angles to suit the intended function of the knife. I do that with a 4000gt Norton water stone. Then I use a light touch on an 8000gt water stone to remove the wire edge(if there is one) and polish. After that I lay a sheet of wet newsprint across the 8000gt and do my final stroping. The only time I use a loaded leather strop is in the field. I have also found that for cutting green brush or butchering meat, that going back to the 4000gt(after everything else... two superlight strokes per side) puts on an excellent micro-serration, that gives me chills on my back even thinking about what it is capable of on human flesh

I think that is the "scary sharp" Bill, is talking about. I simply see it as a different kind of sharp. A highly polished/smooth edge gives a great push-cut for woodworking and wears at a slower rate, IMO.
Here is a little impromptu clip of me sharpening my bud's knife before a trek. Bear in mind, this was not meant as an educational video. He just whipped out the camera.
[video=youtube;UAxd7SV-ZtM]http://www.youtube.com/watch?v=UAxd7SV-ZtM[/video]