I sharpen mostly knives. I've tried honing using both the CW220 wheel and the LA220 with Tormek paste. The CW220 is OK but definitely doesn't seem to hone as well as the LA220 with paste... also the leather wheel with paste is very messy !
I now mostly use the LA220 leather wheel with Veritas green honing compound which is just a little bit messier that the compound wheel but I get great results with it everytime using a FVB and the KS 123 jig set between 0.5 and 2 degrees above the grinding angle (depending on the steel).
Not scientific at all, just my own preference and findings over the last 5 years.
I now mostly use the LA220 leather wheel with Veritas green honing compound which is just a little bit messier that the compound wheel but I get great results with it everytime using a FVB and the KS 123 jig set between 0.5 and 2 degrees above the grinding angle (depending on the steel).
Not scientific at all, just my own preference and findings over the last 5 years.