The 10" diamond steel? Looks like a decent product. For the beginner (Im not sure what your sharpening experience is) the crock stick ceramic sharpener (
http://www.agrussell.com/accessories/sharpening/a_g_russell_ceramic_sharpener.html) is usually recommended, its very easy to learn. With a steel, you still have to hold the knife at the correct angle to the steel (in my experience the beginner usually ends up with a convex edge bevel, witch works fine), with the crock stick, all you have to do is hold the knife vertical and the angles of the rods do the rest.
Another crock stick type sharpener is the spyderco sharpmaker, it has a lot of fans around here. The problem with having just one grit in your sharpening arsenal, as with the basic crock stick or steel, is that it will probably be too fine to re-shape your badly worn or chipped blades, and too course to put a really fine finished edge on. Its sort of like having a one-size-fits-all glove, it really doesnt. Spyderco has addressed this somewhat by having 2 grits in there basic kit and offering a coarse diamond sleeve as well. With the new psa backed abrasive papers, you can also stick on different grits to your rod. With the sharpmaker you can also lay the pair of triangular stones in the base to make a flat surface to sharpen on.
Learning on benchstones definitely isnt easy, it takes time, practice, and patience. But I believe its a skill thats not only rewarding, but very useful. Its my opinion that if you rely on a gadget or system to sharpen, the time may come where you are without that system or gadget and need to sharpen something. There is also the fact that there is such a fantastic array of flat stones to choose from, it gives you so many more options than the stones or rods that the manufacturer of your system sells, also with the crock stick your stuck with only one angle (2 with the sharpmaker) and this will not work with all knives.There are a lot of other non-knife tools that need to be sharpened, chisels, gauges, plane blades, chipper blades, farm implements, etc. and usually the easiest and most versatile way to do this is freehand on a bench stone. From what Ive heard probably the best and most versatile system is the edge pro, and the price tag is about what youd pay for a good set of benchstones. With this you have a variety of grits to choose from, and the angles are infinitely adjustable.
All those opinions aside, a lot of people do like the various systems for maintaining the edge, and will often use benchstones to regrind badly worn and chipped blades, then the system to maintain or put a micro bevel on. Even though Im not a fan of systems, I do vastly prefer a sharp knife over a dull one, and if someone doesnt have the time or interest to learn the old fashioned way, I think the system is a great option. I will also say that opinions of sharpening equipment, technique, etc. are quite diverse, youll hear a lot of different suggestions, what youve got to do is find out what works for you.
Im curious to know what your negative benchstone experience has been, what stones did you use? What technique?