I'm gonna go against the grain here and actually discourage you from buying a belt grinder at all, at least for now. I sincerely don't think you need one, and I'm willing to bet you lunch that it will cost too much and cause more problems than it solves at this point.
Unless you really need to remove a lot of material, it's not going to save you that much time, and while electricity is our friend, it also tends to make small mistakes happen much quicker, and become much worse. It's always better to get it right slowly, than to foul it up real fast
If you just need to sharpen and possibly re-profile edges, a good set of diamond "stones" and a willingness to practice a bit is all you need. Natural and waterstones work great too, diamonds simply cut faster and stay flatter longer. Look into the classic guided systems like Sharpmaker and Lansky if you're not comfortable working free-hand. In my opinion, you're going to need the "hand-powered" stones and a strop down the road regardless, whether you ever buy a powered grinder/sharpener or not.
If you also want to shape/build/modify handles, a coping saw (for hardwoods) or hacksaw (for horn/antler/synthetics like G10, micarta), basic set of rasps and files, and a selection of 3M or Norton "automotive" wet/dry sandpaper are all you truly
need for nice weekend project.
You will also need a drill for serious handle work, and I
highly recommend a basic tabletop drill press... even cheap used ones are better than trying to hold a hand-held drill straight/plumb/square - and may actually cost less if you shop around.
If I had to start my career all over again, I would buy a drill press, an inexpensive 'machinist's vise' and some top-quality bits before even considering purchasing a belt grinder.
No, you're not being silly at all. The CM runs
fast, and that means heat... it's
way too fast for serious sharpening/honing/stropping.
Then again, in my opinion ALL power tools are too fast and generate too much heat for serious sharpening. The only possible exception I know of is paper wheels... and I have my doubts. I'm open to the idea, because I've examined some incredible edges achieved with paper wheels... but I still have concerns about heat and micro-tempering.
Anyway, except for machetes, splitting wedges/axes, cold chisels and lawnmower blades, (all of which are usually fairly soft to begin with, have thick edges and massive thickness behind the edge, and don't need to be hair-splitting sharp anyway) I don't use powertools to do any actual sharpening, only to set the basic edge bevels on new blades.
If you really "need" an electric motor to run your leather strop, your edge wasn't right to begin with, and you're using the wrong tool for the job. Stropping a proper edge from "that's pretty dang sharp" to "OMG, that's SHARP" by hand takes seconds, not minutes.
I'm not sure that's true. It's been a couple years but the last time I checked, about the only thing SEARS/Craftsman
won't warranty is electric motors.
Generally speaking, I know very few knife-users who either need to, or have the skills to use a powered sharpening system properly, and I know relatively few professional knifemakers who don't hone their final edges by hand.