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I know that it is not your question, but do you have means of heat treating it? A good tip that Nick Wheeler told me is to clamp the work to angle iron that is in a vise. Really cuts down on flex. Other than that, use sharp files and clean them frequently with a file card.
CPM 154 is designed to machine well, so when it's annealed (should be just fine when you buy it), it works great.
--nathan