yes 3/8th is a good start. The crux of grinding quickly is to grind cool. The best wheel for cutting quickly is a white aluminum oxide wheel with an soft open structure. The one that impressed me is a HK2A80H12. There is a range of 8'' wheels that would work well for you in this category.I should be fine with 3/8" blanks? I guess my next question is, what are your go to wheels for grinding tools? My grinder has 8" wheels.
Wow, thanks for all of the responses everyone. I have a ton of different spots to look into now. I went ahead and ordered a few 3/8" Chinesium blanks to play with for now. My lathe is a 13x36, based on what I've seen posted here, I should be fine with 3/8" blanks? I guess my next question is, what are your go to wheels for grinding tools? My grinder has 8" wheels.