Peter,
You might want to query Ed Caffrey over on CKD, too, as I believe he bought one of these machines, too, much more recently. Another thing, in case you don't know, is that K&G recently started marketing a Bertie Rietveld style belt conversion for a surface grinder. Some makers like em. I stick with stone, myself, but those belt conversions are pretty popular.
I really can't beef about mine at all, it has really been a godsend for taking the crap off of barstock, and getting precision surfaces when I do stock removal. Something else surprising, the wheels that come with the machine give me better performance than the $100 I recently wasted thinking I needed some "really good" Norton wheels.
I use a 120 grit finish on the barstock and subsequent grinding goes like a breeze.
Good luck with your decision...
If you get one, lemme know, as i modified my right-hand table travel wheel to make it much more user-friendly.