If the cost of shipping and sharpening is over 50% of the cost of replacing it, I buy another one. New bit, fresh carbide and I've also got the old one just-in-case.
The folks that make Forrest saw blades also sharpen router bits. Although I have not tried their service yet, I have been told whatever they sharpen comes back significantly better than new. They resharpen any brand of saw blade or router bit. From the recomendations of others I am ordering one of their saw blades this week.
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