I'm thinking about one of my first projects being a belt grinder. Just got a free treadmill to tear down for the motor and maybe some other useful bits. The lathe is on the way and I could use it to make the pulleys. I kind of liked making the tool copies.
Is that just because you have the same problem as many of us: not nearly enough room in the shop? Hope you get to put the grinder to good use!
Oh oh I see that you are heading toward a tool dependency issue! The first stage is justifying the making or purchase of more tools. That's ok though we are here to help you!