Mystery solved, I honed away for a good while and kept finding nothing but Swiss Cheese. The Swiss cheese portions are obvious without magnification in the right light too and they run the entire blade length. It's to bad though, I really wanted to fix this one because I inherited it and it has sentimental value. Have to say though, inheriting 4 razors and finding that 3 out of 4 are just fine is pretty good. I'll consider this a good learning experience and take it as that!