Hi Glenn,
My carbide grinder is a Harbor Freight brand (p/n 46727, now discontinued, 1/2 hp, 3400 rpm) bought from my brother and missing a few parts. I added a 120 grit, 100% concentration diamond wheel from Shars
http://www.shars.com/6x3-4-d6a2c-diamond-plain-cup-wheel-5
to one side of it. The diamond wheel works nicely, but the bolt circle diameter was slightly off size and I had to essentially dial it in with the flat head mounting screws that it needs for mounting to make it run pretty close to true. The wheel really needs to have an additional new bolt pattern machined into it, and I will do that if I ever take it off again. I also made the missing parts, three of the four tommy bolt handles for adjusting the table, the mounting pins for the coolant cup, and the miter/protractor gauge.
I use it for regrinding brazed carbide tool bits, for roughing in scraper cutting edges, and for dressing slightly worn carbide inserts to a sharper edge and the points to a larger nose radius if that is what I am looking for at the moment. Really, anything carbide is a candidate. The tables are difficult to adjust until the trunnions are aligned properly with the mounting hardware. That also requires a bit of deburring, etc., and is fussy and frustrating until an understanding is reached. The tables are very nice to use, however, once you get them working correctly. The miter gauge along with the tilting tables allows accurate compound grind angles and nicely controlled grinds.
The grinder runs quite smoothly and without runout other than the Shars wheel (see above). The Harbor Freight wheels that are painted green are not very good even after you dress the paint off, but I have not replaced the one wheel I am still using.
It is not a Baldor by any means, but not the Baldor price, either. I find it totally usable in my home shop and recommend it for that use. Grizzly and others still offer these grinders new with a different badge and paint color at affordable prices. Some of them will have more issues than mine did with out of balance wheels, spindle runout, etc. -- the usual import tool issues. I was lucky with this one, paid $70 for it in unused condition, no stand and the missing parts. After addressing the above I now have one well worth keeping.