Whichever grinder/sander you get there are a few things to keep in mind:
1. It has to have a solid platen that doesn't flex. Sorry guys, but the Delta 1X42 sanders and others with platens attached on one end are not ideal for metal work in my opinion. The platen should ideally have a Pyroceram liner epoxied to it to greatly increase its lifespan.
2. It has to have a solid table adjustable to precise angles. This means a custom table large enough for your work that won't move or flex in use and can be moved to within 1/8-1/16" from the belt. Ideally, it should be made of steel so sharp edges won't catch when they're moved across the table.
3. The motor should be 1/2HP or more. For metal work, a 2HP motor would be great and variable speed is the best. Weak motors like the typical 1/3HP consumer grade Sears models are okay for light wood work but not for metal grinding.
4. The motor should be totally enclosed, fan cooled to prevent ingress of metal dust. Many of the 4X belt sanders don't have these and are not suitable for metal grinding/sanding.
I have sanders for metal and wood, in various sizes and HP ratings. In my opinion, the most useful is the 2" wide belt sander but I use it mainly for tool grinding and metal shaping so it may not suit your needs. For wood work, I find the simple 4X sanders and oscillating spindle sander indispensable. I don't yet have one but my ideal would be a KMG grinder with a 10" contact wheel and 2HP VS motor.