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The DMT can certainly 'double-duty' as you say. I think many here use it for that. And you can definitely go from a 1K to a coti, although its not always ideal. Read my signature and you'll...

To be honest its worth investing in a DMT 325 diamond plate if you're going to get a Naniwa of any grit, just to lap it periodically. This then serves nicely as a chip removing device.

You can...