Re: So I bought my first hand planes today,
JimG
>Congrats, Steve!
Go here for scary sharp:
http://www.shavings.net/
I personally use waterstones. Toolsforworkingwood has a nice starter set, however, you will eventually want a 8000 grit. So you might be better off with a 800 grit or so, a 4000 grit or so and a 8000 grit. Combination stones also help alleviate some of the initial cost and they last a good long while.
Lee Valley has the best sharpening jigs, IMHO. I still have the original, but they recently came out with a new one.
Here's a link to a homemade jig:
http://www.seadercraft.com/model_woodwork.html
There's also a freehand sharpening article here from woodcentral:
http://www.woodcentral.com/cgi-bin/readarticle.pl?dir=handtools&file=articles_556.
Watch out if you use a grinding wheel. You can burn the metal and remove the hardness quickly. Then it will never keep an edge until you remove the burnt part.
HTH
jim