Depends on what your goal is. Sharp can be had with just one coarse and one fine grit. But if you're looking for refinement and/or the mirror polish, typically the more steps the better. Of course the catch there is there's more chance for error. But if you eliminate a step and still want refinement, chances are you'll just spend more time at the next level, which could lengthen your sharpening time.
It also depends on your needs. In your example, if you use the XC, then you may need a couple of steps to clean up the XC scratches. But on a knife in decent shape, you might start 400, 800, 2000. Quick sharpening? 400/1500 or 240/800 (basically one coarse, one fine) will get it done.
If you want to eliminate steps, I'd either do it one at a time, and see how you like the results, or switch to a 2 or 3 step process, then add an in between step where needed.