ethompson nailed this response.
To me, there are basically two reasons to get excited about JNATs:
- You are a purist: Experience the mystery of what Japanese togishi have been doing for centuries.
- You are an aesthetic: You are looking for Kasumi polish or would like to tickle out as much detail as possible while also being a purist.
To answer your question the way I would have phrased it:
Where in the progression does a Maruoyama Shiro Suita typically fall?
It comes after the bevel has been set and is clean.
It is recommended to either use a Nakatoishi like an Aoto, Natsuya or Aizu before proceeding to something like a Maruoyama Shiro Suita.
Of course a Maruoyama Shiro Suita can also be used after an equivalent synthetic sharpening stone in the range of 2k-4k.
Personally, I have always felt the Shiro Suita from Maruoyama are finishers in their own right, both for sharpening and for Kasumi / polishing work.
But of course one can go a step beyond with an even finer and harder Awasedo or particularly fine Suita like a Nakayama Suita.
TLDR: The Maruoyama Shiro Suita is usually considered right on the border of being a finisher.