I put my used blades and used needles in a large prescription bottle. When it is full I tape the lid and put in thrash. That way no one gets cut or pricked. This was suggested by my favorite quilt shop.

I also agree with JustAbitCrazy. The secret is to keep it oiled. Love mine also.

I don't think the sharpeners work all that well.

Our quilting group bought the electric one. It sits in the cupboard because no one likes it. To much work on your part for something that does not sharpen well. Buy the large packs from ebay.

http://www.lpsharp.com/

I get my blades here...