Hey Wizard, welcome to the forum!
The WEPS is a great device for sharpening your knives, but whether it’s value for money depends on your (free-hand) skills, the time you want to spend on sharpening and the desired quality of the results. If you simply want the cheapest way to sharpen your knives and you have the skills and time, plain stones may be the best option.
When I started sharpening I was a lousy free-hand sharpener and that was a reason for me to get the WEPS. And I can still get much better and faster results with the WEPS than free-hand.
Sharpening a knife from scratch is probably faster on the WEPS than free-hand. But it is in resharpening (touching up the bevels) that it really pays off. You simply clamp a knife, you set the angle to the one you used before and with a couple of strokes of a fine stone the knife is super sharp again.
And a reason for many people to get the WEPS is the quality of the results. If offers a precision you simply cannot achieve free-hand. If you’re interested in super polished edges, take a look here: https://knife.wickededgeusa.com/forum/4-knife-photos/9-super-polished-edges . But the same applies to toothy edges or any other type of edge you want to get. It’ll be a breeze in no time.
Success with your choices! Please let us know what you’ve decided, If you have any more question, don’t hesitate to ask!