I spent years of my life making furniture and found that a really high quality Japanese steel chisel will hold an edge 10 times longer than even a good quality (ie pricey) one from a woodworking store, let alone a Stanley. We got a standard set of henkels for our wedding. They seemed high quality, had good weight, held a nice edge, etc. Then I got a Global santoku for a present. Holy crap was I fooled by the henkels, this was the real deal! Then I got a Shun... Damascus patterned Japanese steel, sharp as f***! Now the henkels just hang from the mag block collecting dust. Actually I've found that all I need is a paring knife, a boning knife, and a santoku sized knife. I've never been a fan of chefs knives, too long for me. I will say that a good set of wet stones is as important as the knives. I also think that a steel can do more harm than good if you don't know how to use it. A lot of people think it sharpens a knife; it doesn't. A steel just straightens the burr that forms after use on a keen edge. There's no burr on a dull blade.