To those in the know: Is the info in this link a good reference, a total crock, or a bit of both?

I've been bitten by the bug of making my own sgian dubhs pretty badly and want to move from just carving the handle to being involved through the entire process. In an ideal world, I'd have a shop and a forge with all the necessary tools and equipment. However, I'm currently working on my apartment's 4'x12' balcony. The information in this link seemed to be just the thing I needed to get this whole blade thing going with the tools I already have. Too good to be true?

Thanks!

~Alex