"it is an oil stone and a finer grade they used to be quite common in Britian and are comparable to Arkansas oilstones"
Well, it isn't an oilstone if you use it as a razor hone and the very best translucent Arkansas hones are generally considered to be very poor finishing hones for razors. It is nothing like an Arkansas hone.
From what I've read, the Charnley Forest hones are novaculite and as such are indeed comparable to arkansas hones, and though I don't own any Charnley Forest hones nothing I've read in any of the discussions about them contradicts my own experience with translucents. The interesting coloration of CF hones is an artifact of local geology; translucents come in some wild color combinations as well - I've got a pink translucent that looks like swirls of cocoa and whipped cream.
The conventional wisdom on arkansas hones being unsuited for razors is simply wrong; I tried changing people's minds about this years ago and eventually gave it up as not worth the effort. I've been using translucents as a finishing hone for razors for about 3 years now, and longtime SRP member forestryprof has been using a black for the same purpose for about 4 years. I think some of the problems people have had with arkansas hones and razors are the belief that they must be used with honing oil (which speeds them up but also inhibits a fine edge), as well as failing to lap the factory surfaces which also means trying to use the factory finish which is designed for knives and is too rough for razors.
Unfortunately arkansas hones are very expensive; fortunately you can still get them in large sizes, much larger than the CF. I've got a 12x3x1 that is quickly becoming a favorite although it still needs some more lapping.