Long post and I'll let it go.
I want to make sure you folks understand that I am not trying to push people toward bigger tools or shame anyone for the tools they use. My intention is to advise people before spending money they may regret by finding that the initial cost only does a very basic set of tasks ... or is only a starting place.
I totally understand the situation of trying to make knives for fun and personal use with whatever you have on hand or can afford to buy.
I started in 1961 with a 6" Craftsman two-wheel bench grinder with two grit ranges - coarse and coarser. For tools I had a ball peen hammer, Channel-Lock pliers, a piece of RR track, two files, and whatever steel I found in the garage. When I was given a bucket of real blacksmith tools and started using 1095/W2 type steel my joy (and quality) went up a lot. At that time, I had to mow lawns, shovel snow, and paint garages to earn money for hobbies. I learned to set purchase goals that I could reach and save for them.
It was a huge step up to buy a used Sears Craftsman 4X36 woodworking belt grinder to shape steel and wood. Probably took a month's work to pay for it. When I got my first "Real Grinder", a Bader B-3, it was like getting behind the wheel of a Porsche after learning to drive in a VW. When I got a TW-90 I gave my Bader to my son-in-law. When I put together a Reeder from a basic chassis it became my favorite. I have added thousands of dollars in special platens, work rests, surface grinder attachments, MagJigs/Chucks, and wheels galore, ... all totaling many times the grinder cost. The path of acquiring or building new tooling and fixtures is never-ending. No one should expect to spend only the cost of a simple machine and the expenditures will be over.
Folks like Darren at Contender who make accessories (nice ones, BTW) for knifemakers to expand the capability of their equipment are a godsend to those who don't have a well fitted machine shop and TIG welders at home to make their own accessories. This thread shows how much guys like him will do to try and help knifemakers out. I doubt Contender will ever realize much profit on these Grizzly attachments. He is a knifemaker and remembers what it took to get started. Kudos to him for all his help.
Concerning the topic of this thread, my comments are aimed at saving money for a new maker.
If you have to spend $400 on a low power grinder, then several hundred more on accessories, you are halfway to a good 1HP to 2HP 2X72 knife grinder setup with all the attachments you need. (I'm not going into belts, sandpaper, and steel)
Ask anyone who has used a 1/3HP grinder how long it took to burn up the motor. Since almost nothing on it is reusable on another grinder, what is left is a door stop or garden ornament. Buying a good 2X72 allows changing/replacing parts, multiple suppliers who sell parts, attachments, and accessories that are all interchangeable ... and the big extra is that if you decide that knifemaking isn't your thong, you can sell the grinder and accessories for a surprising percentage of the initial cost.
I totally get that a fully loaded uber-grinder package from Contender/Reeder/KMG/TW-90/etc. at $3500-$5000 is not in most new maker's budget. However, a basic chassis setup which just needs a motor/VFD and a few wheels will do all the same work for between $1200 and $1500.
If anyone wants specific models and parts, please email me and I can talk suppliers and cost of forum.
Final comment:
I don't get a cent or any products from Greg at Reeder or from Darren at Contender for suggesting their products. I recommend them because I have bought from their companies and used their products. The grinder I build from one of Greg's basic chassis is, IMHO, far better than my TW-90, Bader, or Burr-King. I have found no one who makes a better articulated work rest than Contender. His MagJigs and Mag Chuck are awesome things to use as well.