Just got a new Collins Axe hatchet from the hardware store for about 20 bucks, and it seems nice but the edge is pretty terrible. This'll be my first post on a BB, so bear with me if I'm doing this wrong. I hope my pictures are good enough.
The new hatchet.
The dull edge. I shaped it a bit with a metal file first.
Shaping the edge more with a coarse stone.
After polishing with a fine stone. I did a few passes on my cutting board to knock down the wire edge. I haven't done this much with my knives, but after hearing about it from Paul's podcast review of that knife sharpening video I've been doing it, and it seems to work.
Test cuts on paper. Pretty good for a cheap hatchet it you ask me.