I caught the "pasted strop" bug a few years ago, and began maintaining my razors using a progression of diamond-pasted wool felt strips (11"x3"), which sit on a re-purposed cribbage board, for clearance. After following this "resurrected" thread, I decided to broaden that and include everything after setting the initial bevel. So, here's a photo of my freshly-pasted "strops", waiting to dry (numbers indicate diamond-paste grit, in microns):

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PS: Last night I ordered a 10-gram tube of ~80-micron diamond paste, to ease the transition from bevel-setting stone to pasted-strop refining/polishing. I'll have to see: all too often, we assume a really dull razor to have "lost" its bevel, but this fast-cutting paste might do the trick, instead of a stone.