Hi Mike - the cork belts aren't particularly good for stock removal imo, but they work well for intermediate polishing. S.R. Johnson uses a 60 grit belt for his hollow grinds, followed directly by a 400 grit belt and then uses cork belts with green chrome rouge to polish his knives before buffing. The way I understand it, he uses a 400 grit cork, buffs and then goes to a 600 or 800 grit cork and buffs again.
I've been expirimenting with mine and this is the best order for me: 60, 400, 15 micron, 9 micron (basically 600, 800) then to a 600 grit cork belt with green chrome. You can buff out the remaining scratches and then hand sand or mirror polish as desired.
The belts need to be broken in, I took a scrap of A-2 and pressed hard into the belt with each corner of it until it was rounded off on all sides. I think you need to spend a minimum of about 10 minutes breaking in the belt with scrap before you start using it or you'll end up with scratchs from the grit in it.
The cork belts are not agressive at all, so even when you slip off it's very hard to mess something up, they just polish it. Also, they work better on a wheel then on the platen in my opinion.
Hope it helps.