IMHO, there is such a thing as sharp enough, at least for knives. I can drop an edge to 20 degrees inclusive and polish it down to 6000 grit so that it push cuts tissue paper without tearing. Then, if I actually use that knife for 2 minutes that ultra fine edge is gone and I've still got a sharp knife, but I just put in an extra 30-45 minutes of work for that little bit of extra performance. It's kinda fun to do, but I don't generally find it worth the effort.
I will say, you'll notice a much bigger and longer lasting difference in cutting performance from thinning out the edge geometry than from sharpening something to an absurd edge that you'll have to tirelessly work to actually maintain. Get some S90V, M390 or good, hard CPM M4 and take the edge way down to 20 degrees and it'll slice beautifully and hold an edge for just short of forever. Just my 2 cents.