If the OP is looking for a quick setup, then lapping film is by far the easiest. Coti's have a learning curve and some don't like the edge they give. They may be one-stop-shopping but only for the obsessed. ;-}
Originally Posted by Pkrankow
I also like Norton 4/8k and then a diamond or CrO2 paddle to finish. I like the Coti, too, but it is not the first stone I break out if I'm honing more than one razor.
I own my fair share of stones but I've consumed the lapping film Kool-Aid. It is the easiest to master. Cheap. Heck... you could buy a Coti and if you get it tax free, buy lapping film for what you would pay in taxes for a Coti.
Inventor of the world's first safety vibrating Kamisori with night light. Go to http://badgerandblade.com/vb/showthread.php/299465-A-milder-Kamisori: Inventor of the Weckisori - (thanks sychodelix)