Works well. Just got it today, sharpened two pocket knives, one a 8Cr13MoV Chinese steel, the other s30v American steel The stone made short work of both steels (which were pretty sharp already). But notably was able to make the s30v hair shaving sharp easily, something I've had trouble with. Inexpensive and useful, I love this stone. It's not the Ninja sharp 8000+ grits that you can find, but for pocket knives and EDC, it's perfect and inexpensive. Get One!!!!!!!!!!!!
Once sufficiently wet, it's time to position the stone on something solid, so it doesn't move about during sharpening. Many come with holders, but you can just place it on a slightly damp tea towel on the table. The stone should be roughly perpendicular to your body, though Warner told me it is sometimes easier to angle it ever so slightly to the right (if you're right handed).