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Neither "require" a slurry, it just speeds up the honing process, but decreases the effective grit rating on the stone.

I like to form a slurry on the Chinese stone but also finish with just...

There's no reason to buy a $200 coticule, the 6 inch ones are much more affordable, you really don't need anything more than 4x2 or 6x1.5.

That said, a good finishing stone on the cheap is the...