Chisels hey? .... Why does that word scare me!!
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Well, I finished my neck heel up, got a nice smooth AANJ looking thing going without that funny ledge around the edge. I tried using a little 1/2" sanding drum with a dremel, and couldn't get it to work well. The chisels did a GREAT job and left a much more even surface that needed a lot less leveling and sanding. Chisels aren't scary . I was really surprised at how much control I had, you just have to be careful to go the right direction so you don't get under the grain and lift up big chips. I don't know if it's the best thing with what you want to do, but I wasn't happy with how the sanding drums were working.
Anyway, let us know how it goes - it looks great so far!