Dennis, Scarry Sharp is the name given to sandpaper sharpening. Basically using wet/dry sandpaper designed for automotive finishing.
You use a flat surface, a piece of float glass, a 12" marble or granite tile, or in my case a granite surface plate. You mount the paper to the surface, and with a honing jig just sharpen like you are using a stone. I do a 10 count, and then go to the next higher grit of paper.
Woodcraft sells a power version of this method, I can't remeber the makers name, but I have only heard good things about it.
I tend to sharpen on an as needed basis so the paper on granite works for me.
I have grizzly's 3" stone and it has lips on it, so I can clamp the paper in place. In the past I have used a little water, and the peper holds well with surface tension, But you have to let the paper dry before restacking or you can get rust on the sheet below from the swarf. Now I've found a little blue tape holds it in place. But with chisels I just use 1 hand on the jig, and the other to hold the paper.
I use the polishing paper on the granite and treat it like regular paper. Like I mentioned in my last post, anything beyond 2000 is not the norm for me. But even though I can't see the difference, I can tell the performance difference on difficult grain, such as crotch. On normal grain I don't notice any difference between the 2000 and 8000.