I appreciate everyone's comments. I trued the stone aggressively last night with the included tt50 and there is no real discernible up and down oscillation It seemed to cut very well and then I graded the wheel using the grading stone. I notice that I get a nice wire on the back of my chisels, and after honing the edge is sharp but not "scary" sharp. Maybe I am dulling the edge on the leather wheel? I am using headlight lens polishing compound until a tube of honing compound arrives in the mail. I suppose it the learning curve I am up against. All in all I think I can work with this bent shaft for the time being and just improve my technique. How sharp are you guys getting your chisels?