VSC Tools now has a steel production version of this jig available.
http://vsctools.com/shop/drill-bit-sharpening-jig/
Playlist featuring the new sharpening jig. https://www.youtube.com/playlist?list=PLqtTuVwYBfkx7elWfjrsMPJkhebkmYcLZ
In this video I show a really simple low tech way to sharpen twist drill bits of almost any diameter very accurately. I sharpen 4 old really rough drill bits and drill some steel without the aide of cutting fluid or pilot hole to show cutting effectiveness. In this video I concentrate on 118deg drill bits.