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Wow. At this point, it probably would be a good idea to check if the motor is wired correctly, and does not have some other fault, before hooking up any other power source. Perhaps it is indeed wired for 440 volt, and trying to deal with that several times messed your converter up.
It is likely enough that your converter was already at fault though, with those crazy voltages it was putting out. Perhaps being asked to directly start that motor one last time was the last nail in its coffin.
If you get a VFD, you'll pay a lot less for one with an open frame, i.e. not NEMA-4 enclosed. I've done just fine with that option, it is important to keep it up and away from the dust of your grinding, or build it an enclosure.
It really shouldn't be too hard to scoot that thing out from the wall. I have a 5000 lb. lathe, a 2200 lb. mill and a 3000 lb. surface grinder, all of which I have scooted into place and can move at will with a large prybar/pinch bar such as this one. You can find one at a hardware store, or even second hand most places. I found an old digging type bar, and re-forged a pinch point onto it. You just pry, and pivot- after finding the best spot, balance-wise, to do so.
http://www.globalindustrial.com/p/t...22HNFt2Kbr5lFY84n5p-YJlwI8yaLiKUJkRoCgbLw_wcB
As for VFDs, I use one from ebay. You can get a chinese VFD for about $100 that will work just fine. Just keep it in an enclosure, as it will be open frame. The manuals are a little hard to follow if you're not familiar with VFDs, but once you set a handful of parameters, you'll be good to go.
Bill, those black wires with the brass bands are going to the motor. I wouldn't be surprised if changing the voltage on the motor was a matter of switching those around, but I may be wrong. I'll see what I can do tomorrow.