From coarsest to finest I go; medium wheel in hand grinder, blue/red DMT, unidentified natural oilstone and strop for chisels when I can be bothered. For general day-to-day edge care, I'm currently using the oilstone. For big sharpening tasks and irons that have to stay square i.e. shoulder plane, I will bother to set up the honing guides (Eclipse type for most things, Stanley for short blades that the other one can't hold) but for a mid-task hone I tend to go freehand. I believe the Veritas is very good, but having spent all that dough on the various stones I've economised on the honing guides!
I tried Scary Sharp TM. I found it a bit finicky (all those grits), expensive in the long term (all those grits) and wasn't wild about sheets of glass skulling about the concrete-floored workshop. I still use the very coarse grit (aluminium zirconia) for serious back flattening, but that's it. Still, lots of people swear by it, and that's fine. Not for me though. I found the waterstones too messy too, and all that flattening they need? Urgh. So I reverted to old-fashioned ways and use a 50p oil stone. If only I'd got to that stage at the beginning I could have saved a fortune!

Never mind, whatever results in an edge is the right way really, isn't it?
Cheers, Alf