Finish the blade out to 120 grit or lower, and leave the edge about the thickness of a nickle. Normalize the blade, clean it up, and apply the clay, give the clay time to harden, then heat-treat it. Use as fast a quenchant as you feel comfortable using....
As for heat control, when steel changes phase a phenomenon known as decalescence takes place (a quick google search tells all about it), where the glow of the steel seems to darken, then as the heat increases it lightens up again. It may be difficult to observe on a clayed blade. As the steel increases in heat, the 'shadow' begins to go, and when the shadow is gone, the steel is ready to quench. Best to do this at night, with no direct lighting other than the glow of the forge. Once you learn to see and recognize it, decalescence is a sure-fire way to know when the steel is ready to quench, at least with the steels you can heat-treat in a forge, not sure about the high alloy stuff...