Yikes - looks like I was wrong.... I didn't know Norton made diamond hones!
Ok - to lap a stone - you need a stone that is HARDER than the one you're lapping/flattening - so in this example - I am using a DMT diamond stone (diamond is the hardest material) to lap a Norton Synthetic waterstone. By lapping the norton with the DMT, it creates a flat surface on the norton, which allows me to use it on the straight razor in the most efficacious manner possible.
Now - that specific DMT used in this example is a D8C and is 325 grit. 325 grit on a straight razor is WAY too coarse, unless you're trying to take out a nick, setup a bevel, or do some serious work on an ebay special. You CAN hone a razor on the DMT D8C plate - but again, it's way too coarse to use as a finishing stone, so you'd want to follow up with finer grit DMT stones, such as a DMT fine, Extra fine, then Extra Extra Fine (8000 grit) stone.
In the example above I lapped the norton with the DMT plate - and in later examples use the Norton to hone a razor using the 4000 grit side to set the bevel, and the 8,000 grit side to polish the edge - as the razor was in good shape.
Hope this helps...
I understand completely, if the following is true: You like the DMTs, and are going to sell your Norton, and you'd be using the finer grits of DMT stones instead of a Norton waterstone.
Did I get it right now?