What do you use for your RAW conversion? Adobe products do not support the canon picture styles, so I have no idea what they're doing with your in-camera settings.
I use canon's DPP and it works great. I have my camera set to Faithful, then I moved the tones one to the right (less red) and have sharpening on 4. (40D) On my 30D I found 4 to over do the noise on higher ISO settings.
I then use DPP for the conversion to JPG and these settings stay as DPP can read them. No more work is done for prints.
For the web or if I want super sharp prints then the first stop in PS is USM of 150%, .4 and 4. I edit, resize for web, and do the same USM again before save for web.
I do mostly portraiture and too sharp isn't a good thing, pore and complexion wise

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My main lenses are 10-22, 17-55 IS and 70-200, but I also have the 85 1.8 and recently got the 50 1.2 - all are sharp wide open IMO.
Post Processing can make a HUGE difference in what 'sharp' really is.