I used to use the more traditional 'carving' method of rasps, files, spokeshave, and then finish it off with sand paper. it took about 60 - 90 minutes to get ready for the sandpaper. I now utilize a Lancelot disk in my electric angle grinder as the first roughing step, and can be ready to finish off with sandpaper in about 20 minutes (yes, you see correctly ... that is a chainsaw blade made to fit a 4" angle grinder)
I don't recommend this tool to those who have issues handling a screwdriver or hand drill (you know who you are - you're the one who has a cork on the end of your fork) ... BUT ... if you are skilled with hand tools and also take care for working safely, this can be a great addition to your shop arsenal. I've had mine for several years now, and about it when both the disk and angle grinder were on sale at Harbor Freight. I believe my total investment was right around $50US
all the best,
R