After grinding a couple hundred blades on a non-cooled platen, I made the watercooled version.
It makes a BIG difference.
Here's a video of me grinding a small blade on mine.
http://www.youtube.com/watch?v=_EzILrW8BQ0
[youtube]EzILrW8BQ0[/youtube]
I rough grind first traditionally, or in the case of this particular knife I was able to mill it.
Then I switch to this horizontal platen.
All real stock removal happens traditionally, you don't want to really remove much stock with this.
Except at the plunge.
You can move your plunges back a quarter inch if you want, and get them dead nuts too.
When done correctly, I can go from this grinder to finished hand satin in about 5 minutes on a 3-5" blade.
Belt does run toward you, as it's easier to control, and I seldom run faster than 30% on my KMG.
It just doesn't work well running away from you.
I have probably ground between 300 and 400 knives on mine now, and NEVER flung one, nor have I ever had a tip catch.
I am not running fast enough to create sparks, and actually remove very little material at all.
That all happens in a more traditional manner.
Belt life isn't great, but I use inexpensive AO belts, and generally get 2 - 3 knives out of one.
4 or 5 of these small knives.
I'd rather throw a couple of dollars at a belt than spend all that time hand sanding.
Besides, it's worth it for the plunges alone!