Knowing what I know now, I would buy a Bader B3, or KMG, in that order.
with 2 HP variable speed...but $$$
They have excellent accessories for them. Ie the small wheel bracket on the Bader3, flipped on its side...I covet that deeply, MAP arm...good too.
I now have a Bee (Canadian made very similar to the Square wheel) fixed speed
1 HP. (motor draws 12 amps on 110v = std 110v 15 amp outlet)
You can plug it in ANYWHERE
Variable speed was not known to me at the time.
when using the platen it is cramped off the left side of the platen.
for 450$, I would buy it up quick....even as a second grinder.
at that price, you have 1000$ to mod it to what ever you want.
a smaller drive wheel will slow it down very cheaply.
VFD and motor change is still economical
In my view 1 HP is enough power at the high speed 3400rpm.
I'm using a very light touch because of the fast belt speed.
having said that...my mistakes happen fast and I will convert to variable speed.
When I modify to VS, I will go to 2 HP to ensure that i don't lose any power/torque at lower speeds.
Buy it and sell it to me for 550 plus shipping...no I'm not kidding...