Step 5: Remove Excess Wood on Shaft with Power Tools.
You can also use power tools to remove wood. I like to use both, as the power tools are fast but also very noisy and usually create a lot more dust than hand tools. Hand tools are slower but the serenity one can create is something you just have to experience first hand. It's a Zen thing. Either you want to go there or not. You can get there fast or enjoy the journey and get there in a more peaceful state of mind.
I use a Belt & Disk Sander and although you can take off a lot of material quickly by using a coarse grit (24-36), it does make a heck of a lot of noise and dust. The dust is very fine and hazardous especially when using finer grit (80-220). You should have a vaccuum hooked up to this and a dust mask is recommended, especially if working on toxic species of wood. Eye and ear protection are also a must.