That was just a picture before I ever even got going or read the instructions. I actually have it set up the way you described.
Let me tell you guys this thing is amazing. I've already sharpened two of my wife's dullest (chosen for that reason) kitchen knives. Within minutes the WE took them from where they wouldn't cut butter, to slicing paper with ease. The movements felt awkward at first but after a few minutes I was conversing with my wife and not even paying particular attention to what I was doing. It feels pretty natural after a while and your body builds the muscle memory very quickly.
I can already tell I'm going to become very fond of this thing. I like it because it's SO EASY! The set up and the actual act of sharpening couldn't be much more straight forward. Plus there's no soaking stones so there's no mess. The mount is very secure also. All in all, this thing is a real winner. I would say it is definately money well spent. I'm very happy with it.