Greetings Eric-
As I read this, my thoughts go to this scary shop built "tire-drive" pitching machine we had in grade school. It would give a dozen perfect pitches, then randomly throw a bean ball at your ribs once and awhile. Now put the whole works in your grinding room and replace that baseball with steel. Now play again.
If you have the bucks and the space for two belt grinders and are wanting to increase efficiency/save time on your build process, I bet the good folks here can suggest twenty different ways to better utilize your second unit. I also bet that no experienced maker would suggest face-to-face contact wheels for knife grinding either.
Not saying it can't be done, but that doesn't make it a good idea either.
For what it's worth, the youtube vid you saw is probably by Charlie Lewis. If so, don't follow his example. As with 92% of Texans named Lewis - he's borderline insane. I mean that in a good way though...sorry Charlie.
Good luck to you Eric and please don't let this discourage you from thinking outside the box. It is a fine trait for knifemakers.