Well after checking my credit card balances, I decided to buy me a pre-bevel setting stone. I chose to get a Soft Arkansas stone which is equal to a Naniwa Chosera 600 grit stone. I'll start with one Arkansas stone for now but my next one will be the Hard Arkansas stone. And I'm going with the 8 by 3 inch sizes which gives me more room to work with:
These can use either water or oil but once you use oil with these stones, you are committed to using oil with these stones on a permanent basis. So I will be using water instead of oil.