Yeah , i just thought edge trailing on a firm strop would create wire burrs, because it's basically sharpening with trailing strokes. I was reading on the science of sharp blog and he mentioned edge trailing will cause burrs. In mind I aways thought stropping with pastes or compunds would remove and fin, because knife people use it to remove burrs all the time with excellent results. Venheven or what ever his name was removed burrs from steel with polishing compounds.Your 5k hone should work nicely for removing any fin or wire edge created by that same stone. When you first notice feedback in the form of stiction or just a general change in the feel of the honing action, reduce your pressure to minimum. Hone in hand for better pressure regulation, if you normally bench hone. Work it on out, max out the 5k edge, and then apply pull strokes. I started a thread on Pull Strokes that is worth looking at, I think. Anyway, pull strokes do a nice job of stripping artifacts from the edge. After the pull strokes, retouch the edge with extremely light regular laps. You shouldn't have any fin edge after that.
Very stubborn fin edge might call for honing in slurry on the 5k, or a few light laps on the next coarser stone in your progression. Slurry as you know from your natural honing, is the mortal enemy of fin, wire, burr, etc. It also places a limit on peak sharpness, which you must keep in mind, and requires a followup with thinner slurry and then a clean stone and clear water. You could raise a slurry on the 5k with a DMT card or plate, maybe. Or here is an idea... how about a slurry stone that you already use on a coticule or jnat?
I generally counsel against the use of coarser diamond on balsa. I believe that in midrange, it is important to preserve a nice flat bevel. The resilience of the balsa can work against that. I HAVE honed a couple of razors start to finish on balsa. I was surprised to find that it actually does work fairly well. As good as keeping to lapping film, or very flat stones up to the finish stage? TBH I am not sure yet, but intuitively I have to say that it is probably a mistake to use balsa with coarse abrasives when film or a well lapped stone is available. YMMV. Now the 3u lapping film is generally regarded as close to an 8k stone. The 9u film, somewhere between 2k and 3k depending on the grit scale used. So 5u film should be somewhere within striking distance of your 5k stone. However, diamond paste on balsa behaves differently, because the diamond particles are not on the surface, but are instead embedded in the balsa with only the tops sticking up. So, scratches for the same grit size are a bit shallower. And so, you would have to experiment but I would guess that 9u paste properly applied to properly lapped and backed balsa would maybe be a good starting point if you want to experiment with this. Really though, it is I think a job better suited for film or stone. Once you start on balsa, you are sort of committed to seeing it through to the finish. That is a lot of extra balsa strops to prepare.
Most of us do not thin the paste. We simply dot it around and rub it in, then remove excess with an old tshirt, which seems to work best for that. You really do not want that much, BTW. A pea size amount is quite a lot! Half that much is plenty for a 12" x 3" balsa. You do not want a coating. You want to embed the diamond in the balsa. If it seems like you have enough, you have waaaaaaay too much, and your results will suffer from it. Too much will cut faster, but will not give you as much sharpness.
The pull strokes work great on the 12k Naniwa, too. Try to strip your edge nice and clean on it before hitting the balsa. 1u diamond is just a bit finer than the 12k, but pretty close. However, embedded in the balsa it is less aggressive than the same size grit in a synthetic stone matrix. Nevertheless, most of us do not follow 12k stones with 1u diamond on balsa. Usually from the stone we go to .5u diamond on balsa, then .25u and finally .1u. Always in hand, of course. In fact, I hold my balsa vertically, so that the full weight of the razor does not bear down on it. YMMV. Fin edge cannot form if pressure is too light to deflect the edge. Just in case, I add a few pull strokes to all three stages.
CrOx has been used for generations, discussed and cussed heartily. The biggest problem with CrOx is that it is simply used wrong. CrOx properly applied in the proper amount to a properly lapped and backed balsa plank performs much better than on a leather paddle or loom strop, or worse, a hanging strop. Another difficulty with CrOx is that it is basically only available, due to crystal size, in one size. Or I should say, in one size RANGE. It can be called .5u or .3u grade, and either one is about as appropriate as the other. So precision wise, it does not play well with others. Or even with itself. I once experimented with Chromium Oxide and Iron Oxide on balsa, using the exact same method as with diamond. In theory it should work, though the jump between nominal .5u CrOx and nominal .1u Iron Ox is rather large. What I found is that to get the same approximate results as diamond, I had to go about 500 extremely light laps on each. I could maybe have gone less, with the CrOx but the FeOx is, as I said, a big jump. Definitely not worth it for an edge equal to the diamond edge. For the same work, green and red paste give a usable but definitely noticeably inferior edge. So even though CrOx "works", when anyone asks if it is "okay to use CrOx" instead of diamond, rather than beat around the bush I tell them no, no, no, don't even bother. Because it doesn't matter. They will do it anyway.
Guys who choose to enter the world of Shaving in the Manly Way, with a straight razor, are usually go it alone, stubborn, try it and see type guys. So telling them the right way of doing things is like herding cats. Give them the books and they just chew on the covers. They just do their own thing anyway, and usually only after countless failures they come back and ask again for guidance and then maybe follow it. That's just the way we are. So Long drawn out explanations of the shortcomings of CrOx from me are not common. Better save this one LOL! And I am not at all surprised that you are disillusioned with CrOx. However, I am surprised that you were not able to make it remove your burrs. It should work sort of okay for that, if a mediocre level of sharpness is good enough. Unless those burrs were raised on a much coarser medium.