I'd say tat you do indeed have the relative pros and cons right, but that you shouldn't think of a straight razor as 'risky', perhaps just more demanding. Sure if you lose focus you can cut yourself, but that's true of shaving in general. The straight razor demands that you actually know how to shave, know your angles and which passes work best for your face. there are many of us here who do it regularly and we all seem to do just fine.
I also support Tony's gear and Lynn's DVD.
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