Hi David,
Based on a completely unscientific 'try it and see', I have just honed a chisel with the the 3 micron DMT which produced an acceptably sharp edge with visible scratches, and then used it to pare endgrain Eucalyptus without any trouble.
I then re-honed the same chisel on 5 micron 3M lapping film to produce a polished finish and repeated the exercise, again a success BUT with the chisel honed to a polish using (numerically coarser) 3M lapping film it required noticeably less effort to push it through the timber and felt much more controllable.
Just for completeness I compared the edge from the diamond stone with and without stropping and found that a light stropping with chromox improved matters too.
My feeling is that at this scale the difference between mono-crystalline (one big crystal) and poly-crystalline (clumps of crystals) becomes highly significant. Monocrystalline grit is more aggressive and more durable, but traditionally abrasives for creating a very fine polish (chromium oxide for example) are poly-crystalline. That would certainly fit with everyone noting how fast the DMT D8EE is.
DMT are to the best of my knowledge the only manufacturer to use monocrystalline diamonds - one of the factors behind their strong reputation for fast and durable diamond plates. I can understand that when you have a world beating technology it would seem totally counter intuitive to not use it, but perhaps on this particular product they would have got a finer finish by using polycrystalline diamonds instead?
If you expect it to replace an 8,000 or 10,000 waterstone you will be disappointed, more like a 4000, BUT that is still finer than any other diamond plate on the market and if you are doing less demanding work than paring endgrain eucalyptus, probably sharp enough.