Might go down in flames here but have you considered a belt sander/grinder instead? They are far more newbie-friendly than a bench grinder, at least in my experience. Something to think about.
I've considered and plan to for Kydex, but not for other grinding... I agree with you, they are safer/forgiving for people who have yet to have a "uh oh" moment, but I have passed that point thank God.
My concern for speed is just having better control of heat (while I know HSS isn't as heat sensitive as my fingers) and grind rate. I AM new to this type of machining and tool making.
Input appreciated, and defiantly wouldn't consider it a flame out!
Thanks