There's a world of difference between a belt sander and a belt grinder. I have a Coote (brand) belt grinder, but for blades I only use it to set the initial bevel and then only if it's a very dull blade. A bench grinder with a stone wheel is a good way to eat away a blade and not much else. For sharpening I use the cardboard wheels, but coat them with 250 and 500 grits. After you use a scrap piece of steel to knock off any rough or high spots, they end up being closer to 350 and 600. The motors for them are 1750 rpm, but without a smooth and fast pass of the blade on them, you can overheat one way too easily. Heat is the enemy of tempered steel, so learn to get it right before you really start. If I filled the rest of this reply with the word "Practice", it still wouldn't be enough. Learn to get the bevel right. When I'm done with the high number grit wheel, it either shaves or is close to it, so a few strokes on a butcher's steel finishes the job. As a rule, when I use these methods my edges look like the they did from the factory. I have years of experience doing it this way and need every bit of it every time I sharpen any knife. Now geting away from motorized sharpening, a good oil stone (Hard Arkansas) is always a good way to go. For steels like 154CM, BG42, S30V and ATS-34 (examples of your really hard stainless alloys), a diamond embedded "stone" seems to work best for me. This paragraph is just a start on what could easily become a book on sharpening. All I can do is explain what works for me and hope you take something away that works for you.
Thanks!
Bob