I don't see bench and vices in your list. You freehand?
I wouldn't call it free hand. I like to think of it as skill and feel. Usually done when I am standing outside the lift corral prior to my first chair.
You can replace 1 to 4 with a Razor Tune. See? Progress still happens.
You think you can. Me, I know it doesn't.
I have a Razor tune. Nice machine. Used it often. Just edged 16 pairs of skis past weekend while the Texan are out there killing themselves. I am very much aware of its strength and limitations.
Most home handyman think if he/she buys the more powerful power tools then they all set to go. All set to tackle "The Project." What they are usually missing is real world knowledge and hands on experience. A little book knowledge is dangerous. Watching HGTV does not constitute as work experience.
It's amazing how much one can learn by doing rather than just thinking. Thinking is important, but it should not constitute as the entire learning process.