I found a lot of people talking about how far down they can take their blades before HT, but I've found it's just not worth it. I like to get down in the ballpark, but with hollow grinds, I usually have been going .030" or more. I've had more movement than I like when going under .025", and it just really doesn't take that long to dress them up after HT with good ceramic belts.
Maybe if I start doing more flat grinding, I will have a different level I go to for that, but I find that hollow grinds like to move around, especially high ones with a thinner lower section.
In reference to Jason Fry's comment above, I just lost a blade in S35VN, was a full hollow ground w/distal taper and tapered tang, w/edge at 0.020", came out completely unfixable.
I can't imagine the time saved in grinding a few extra thou before HT is worth the time lost when a blade warps just a tiny bit too much to grind out. Not only did I lose $30 in materials and HT, I lost almost an entire shop day in time, plus a knife that would have probably sold for $200+ if I'd been able to use it.
More on topic to the OP, I don't see any problem with grinding after HT. I usually leave quite a bit left to grind on mine, so that no matter what happens in HT, I can take care of it.
I spent a couple decades grinding pre-hardened tool steel blanks for machining, most often M4 which is one of the tougher ones. Just keep it cool by constant dips in water, use quality belts, and you'll have no problem.