Jeff as usual gave an excellent answer. Regarding the machetes, Tramontina does make a wide variety of types some are as Jeff described, some however, like the bolo patterns are much heavier being of thicker blade stock with wide tips. These can work decently well on thick wood as long as it is soft like Pine or most Fir, and can easily chew through ~6" wood. On hard woods it will wedge badly, and on black spruce and such I would want a much thicker blade, for power as well as to reduce binding. You really start to want a decent axe for that type of wood.
In regards to grit, just as Jeff described regarding polish and coarse. There are no really fiberous vegetation around here so my machetes just get as high a polish as I can apply. As a side note, due to being fairly soft, it can be frustrating to apply a high polished crisp edge to a machete. If you can, then there is no steel which will give you a burr problem, as machetes are among the worst and most difficult to sharpen in this regard. However if you can get a really high sharpness, you will notice the difference in cutting ability, light vegetation is one of the most responsive types of cutting in this regard.
I would also agree with the angles Jeff noted, personally I would go a little thinner, but not by a lot. What I would clearify though is that most machetes should have at least two edge grinds, one should be very wide, about an inch and this should be low, about five degrees, the other should be the secondary edge bevel and be at the angles Jeff noted and be about 1/8" wide. This dual sharpening profile will greatly increase cutting ability and reduce wedging. The primary wide grind can be just cut with a file and doesn't need to be refined further.
-Cliff