Hey man, that deffinitly sucks, but hey, at leeaast it was free

.... About that (those) compressor duty 2 hp motor(s) at HF, I would not recomend it, I've read not such great things about them such as feelin underpowered, etc. I did a lot of reading on the HF motors back when I was reasearching them for purchasing. I assure that the best motor for you if you're goin to get one from HF, would deffinitely be the 1 HP farm duty tefc motor. Like I said before, it feels like more than 1 HP and other people have said that as well if you read the reviews on the HF page.
Also it is continuous duty, and I don't think the comprensor motors are, they're ideally only meant to run when the compressor needs more air I believe, not under "continuous" pressure from grinding. I'm sure you'd be happy with the power that comes with the 1 HP, I deffinitely am, and I tried to bog it down just for kicks and it wouldn't, and that was with more presure than I will probably evey need.
One more thing, which is obvious, but it is also the the only motor out of the HF ones HF that is Totally Enclosed Fan Cooled, which is ideal for belt grinders, so all the steel dust doesn't get inside the motor and potentially short something out etc. If you want I can upload a quick video showing my grinder and me putting some pressure on it for ya. Take care
Paul
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My youtube channel with some of my knives and other knifemaking vids on it...
www.youtube.com/Lsubslimed