I sharpen prior to affixing the handle. I have a jig that is just two pieces of angle iron with a flat square plate on the bottom(glued to one of the pieces of angle iron). I have a couple bolts running through them to tighten them together, so it clamps on a blade tang. Then I position the blade edge down, set my platen to the desired angle, and slide the jig across the platen engaging the belt with the edge. Works perfectly. I remove the burr with the stropping wheel from a paper sharpening wheel kit.
I picked up a Grizzly Tormek clone a while back but have only used it a couple times. I like the idea of water being on the grinding surface so the edge doesn't heat up. I also can sharpen after putting on the handle that way. It sounds good in theory but I'm not convinced yet.