I caved and bought one of the cheap axes a while ago also. It was a 28'' Truper boys axe for $15. I have spent a few hours on it so far, removed the varnish, ground down the back of the head so it was reasonably flat, and sharpened it. It was pretty unusable right from the store (whoever did the sharpening thought that you beat the tree down), but after a couple of hours I am pretty happy with the results. I will say the steel is pretty soft, easily filed compared to older axes which a file won't touch. It's fun to use, but I will take a vintage axe any day over the big box store stuff