Bjrogg,
The bevel side is up. If it was down, the side showing would be of pleltly flat. And the placement and position of the drawknife is not entirely accurate as I had to use two hands to get a pic, so I positioned the draw knife so that it would balance on the wood. The little scrape of wood made below it is accurate.
I thoght that if I wanted to remove more wood, I should use bevel side up but is it just better to always use bevel side down?