I have been using a Norton 220 grit diamond stone to flatten the backs of everything that comes into my shop for a few years now. I have been making a lot of molding planes for myself recently and got completely SICK of how long this takes. It only took 5-10 minutes but doing this 20 times on 20 new irons gets old fast.
I called toolsforworkingwood and explained my situation. The man that answered the phone suggested that I try the steel flattening plate (Kanaban) that they sell and which he uses. 5 minutes has been turned into 30 seconds or less... 5-10 swipes. I was pretty surprised but not completely convinced. I took out a 2" antique store special that I've put off flattening/using for 9 months due to preliminary results of how flat that back was. 2 minutes later I was done.
I only bought the 45 micron paste because I only want it to flatten these things. I don't know how the other options will work.
CHECK IT OUT!
http://www.toolsforworkingwood.com/M...egory_Code=THW