[schrectacular]

As much as it angers me to say it, I do believe it is an eggcorn.

[nkrisc]

I agree, though remarkably it’s an eggcorn that is still sort of correct on its own.

[daotoad]

This usage is a double misunderstanding, it gets both the phonetics of homing and the mechanics of sharpening a blade wrong.

It’s like calling someone a “stropping young lad”.