Ha! I'm glad I'm not the only one that's dabbled with the straight razor.
I used to have a straight razor, a sharpening strop, a mug, cake soap and all that. It was tedious, but incredible with the results.
Unfortunately, I soon discovered that the secret to a great shave is NOT the blade-- it's the in the prep. The reason a straight razor shave works so well is because of all the prep that is done.
I started doing the same prep with an off-the-shelf Sensor Excel or Mach 3 razor, and got the SAME great results at much less hassle. I loaned my straight razor to someone who used it to cut paper and ruined it. I never got back into the strop and straight razor.
So, here's how to get a GREAT shave:
1) Wash your face. The best shave prep wash I've found to far is a Neutrogena scrub. Something with pumice or granules like that is a good idea (it exfoliates), and it MUST rinse clean. You want a face that's been scrubbed and rinsed clean with no residue.
2) AFTER you've rinsed your face, prep it by soaking your face with the hottest water you can stand. It takes some time for this to take effect. 20-30 seconds won't cut it. It takes at least two minutes of having a hot cloth/towel on your face to get the effect. What this does is opens the pores on your face, and brings the blood circulation to the surface (your face will turn red). As this happens, the facial hair will straighten and stick out.
3a) Whip up your shaving prep in a mug. Any shave cream will work-- shave soap (in cake form), traditional Foamy stuff (like Barbasol), gels like Edge, and also the new types of shave slimes (King of Shaves from Wal-Mart). Then apply to your face with a nice boar bristle brush.
3b) There's also shaving OILS on the market that will work quite well. If you have a tendency towards acne (like me), then they may make you break out. (But they are really good if you have dry skin, and you can get away with them if you have oily skin as long as you wash your face AGAIN after using them).
David A. Somerset's, The Total Shaving Solution and other oils are VERy good quality, and a small bottle will last forever. A shot glass size bottle will last a year or more.
4) Shave your face, going WITH the grain. Yes, it will be closer if you go against the grain (at first), but shave WITH the grain for a couple weeks (your face adjusts), and you will have as close a shave, with much less irritation. Your razors will stay sharp longer, as well.
5) Rinse your face with COLD COLD water. This will close the pores and retract the hairs.
6) Apply a post-shave treatment that has NO ALCOHOL. Use some kind of moisturizing lotion that has sunscreen in it. I use Neutrogena with SPF20-- good at soothing without drying.
Try the above shave technique for a month-- you will like the results!!!