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Muting a point does not equal altering the blade's profile. See for example post #2 here: http://straightrazorpalace.com/workshop/102270-muting-spike.html

EDIT: I take your point about, well, the...

What you have there is a great razor. I have two King Cutters and love them both.

Now, as for the question of whether to use it or not, I think the best option was offered early on: look in the...