His 2hp motor should be fine to run up quite the overdrive on.
I just didn't get the bit about going to VFD settings to output double the motor nameplate rating, while he has the opportunity to set everything up within proper limits. The VFD is probably providing the third phase leg for his motor, and he has the time/ oportunity to set up a sheave ratio now that will deliver his high end belt speed. Also regardless of the method of the motor modulation the sheaves need to be rated for the speed you will be spinning them as well. I could check, but maybe 3000+ rpm is a bit much for cast iron sheaves, and that is something to consider too.
I agree with setting things up ideally so that you get desired effect. With a belt drive setup from motor to drive shaft you can easily get pulleys in such small incremental changes that almost any rpm at the drive is attainable. One neat thing that a drive belt allows for is a dramatic rpm change with a new $8 sheave. Using smaller sheaves keeps the costs down also, yet the ratio of motor pulley to drive shaft can be achieved with numerous pulley combinations. I'm pretty sure that low to mid 3000 rpm is reasonable for TD Woods sheaves. Their number is 888.829.6637 if someone is curious.
He did state that be is running direct drive so he will not have this benefit but it might be worth considering. On my vfd setup, I ran the following:
Using id of sheaves for the following calculations:
Motor sheave: 4.2 id
Drive shaft sheave: 2.3 id
Ratio: 1.83
Motor rpm: 1760
Drive shaft rpm 3214
Using 6" drive wheel, factor of 1.57, delivers 5045 sfpm
Using od of sheaves for the following calculations:
Motor sheave: 4.95 od
Drive shaft sheave: 2.55 od
Ratio: 1.94
Motor rpm: 1760
Drive shaft rpm: 3416
Using 6" drive wheel, factor of 1.57, delivers 5363 sfpm
(I don't which is the more accurate sfpm, maybe someone can chime in.)
Per Baldor, motor is rated for 20:1 turndown so I can reasonably slow it down to around 260 sfpm. Should be fine for me. Just an FYI, but Rob Frinks KMG using factory specd pullies runs at 3675 sfpm(using 2:1 motor to drive shaft ratio) by my calculations. He made the 6" drive wheel available since folks coming from other grinders that preceded his KMG were running even higher sfpm. Wilmont grinder runs at 5652 sfpm. TW90 runs at 4400 sfpm.
Hope this helps someone a bit.