I guess we can put this baby to bed, except that I might hope to hear from Dan Gray (the old tool and die maker). A surface grinder to me since I do NOT forge would only lend itself best to clean up of dirty bar stock received. My 1075 and CPM stuff comes with need of surface grinding (CPM stuff is a real jewel for sure - lots of pitting). And as you explain Fitzo, I suppose the money is in the tooling - just as wth a milling machine). Anyhow, I am buyng cheap HSS end mills, double end, from Enco for about 3 bucks per. On a 1075 blade I'll spend about 2 1/2 to 3 of those end mills, so about 9 bucks give or take per 1075 blade. I can do one or better O1 blades with one end mill (cheapo HSS). The diameter of mill, for what I am doing, is not critical. So a reasonable lose of radius does not hurt. I am cutting at a head angle of 45 degrees. It is the saw teeth on the spine I cut. I use a simple center cutting mill to do that but both face and flute are cutting at the same time. I cut down about 0.150 inch with about 15 passes to do so, or about 10 mil per pass. One of these days I will spit out the extra bucks to try carbide but, like you, I can be heavy handed and my limited experience with carbide is so far proven I have not the touch for it yet. Thanks guys.
RL