I see the Warthog V-Sharp sharpeners pretty regularly at gun/knife shows around here. The vendor has sharpened my S30V EDC folder a few times with it and it seems to work okay.
There are IIRC three grits of diamond rod that go with the unit. The one used on my EDC was 600 grit IIRC and left a bit of a toothy edge. That seemed coarser than the brown Sharpmaker rod. That's a good thing to me, since the biggest shortcoming I find in the Sharpmaker is that the brown and white rods I have are simply not coarse enough for removing much metal very fast. You can adjust the angle of the Warthog rods to 17, 20, or 25 degrees. For chisel ground blades, you just manually retract the rod on the side of the device that you don't need.
One great thing about the Warthog V-Sharp is that it doesn't need any lubricant, so it is a *LOT* neater than using oil stones, water stones, Edge-Pro, or other sharpeners. I realize that the Sharpmaker is also lube-less, so only has considerations of how much you feel you need to scrub off the triangular ceramic rods to keep them working to your satisfaction.
The stroke used with the wart hog is much like that used with the sharp maker. The two differences I noticed were:
#1. The Warthog sharpens on both strokes - on the push stroke (tip moving forward, like a stabbing thrust), as well as the reversing pull stroke. The edge is in contact with the rods as the guy both inserted and extracted the blade from the guide slot where the rods are located. On the other hand, the video that Spyderco includes with the Sharpmaker shows sharpening on the pull stroke only, which is how I use mine.
#2. With the Warthog you can't vary the pressure exerted by the edge against the rods. That is controlled by the springs as the rod brackets slide horizontally back and forth. To remove more metal with the Warthog, you can only take more strokes until the job is done. With the Sharpmaker and other fixed-abrasive sharpeners, to vary the pressure exerted (and consequently the amount of metal each stroke will remove) you can simply press the blade harder against the abrasive surface.
The Warthog works well enough and, if I had no other sharpener already, it would probably be a good one to get. It's fairly idiot-proof since the blade position is narrowly constrained by the guide slot. I guess the things that keep me from buying a Warthog V-Sharp are:
#1. the fact that I already have sharpeners of a few different types (Edge-Pro, Sharpmaker, diamond steels, crock sticks, water stones, etc, etc) so the Warthog would simply be one more gadget hanging around.
#2. the price - for the $80 they were asking, I could buy almost two Sharpmakers.... or another knife.
#3. the complexity of changing rod grits or angles vs the Sharpmaker, Edge-Pro, or other sharpeners. The rods on the Warthog V-Sharp are held in place with little bitty screws. Those screws have to be removed every time to either change to a different grit rod or to change to a different angle (applying a micro-bevel).