The BladeForums.com 2024 Traditional Knife is available! Price is $250 ea (shipped within CONUS).
Order here: https://www.bladeforums.com/help/2024-traditional/
My grandfather had a similar setup in his shop years ago. When I first saw it I thought it was yet another contraption he had Jury rigged together... It was state of the art back when he got it though...Yes, just a arbor setup and a motor. They were how most bench grinders were made before cheap Chinese motors hit the market.
http://www.ebay.com/itm/vintage-wIZ...961?pt=LH_DefaultDomain_0&hash=item58c3121801