Welcome... we've been waiting for ya.

It is certainly salvageable. How much work it needs can only be determined from honing experience. You have a nice razor. For my money, I would send it out and have it honed. Your first stab at honing may be as bad or worse than the stropping to date. I have honed 9 razors so far (junktique store finds) and am glad I didn't start with a really nice one. The learning curve can be steep. Reading about it, and putting in the time to "get the feel" for honing are miles apart IMHO.

This may be the perfect excuse to get that second, inexpensive travel razor to practice on! Let the RAD begin!

My 2 cents worth.