In principle you simply arrange things so the pivot point is below the grinding wheel so setting up for any reasonable radius is possible. I have looked into this sporadically over the years as part of "Clives Improved Tool Grinding Widget" project and have yet to come up with an elegant system. There are several ways of doing it but all take, in my view, too much faff to set and use. Also rely on setting scales or dials which is not acceptable for a Home Shop device that will only be used occasionally if guaranteed repeatable results are to be produced.
For example consider a grinder fitted with a cup wheel dressed flat on the working surface. Let the tool grinding device be carried on a suitable short rail or slide running below the wheel and set at exactly 90° to the face. Let the pivot axel be made hollow to take a setting pin made to be a smooth shake free fit int the hole with the upper part cut away exactly through the middle to form a D shape. Clearly the pivot point can be set directly below the face of the grinding wheel by inserting this pin into the hollow pivot and moving the whole unit on its slides until the flat side of the pin is in gentle contact with the grinding wheel. Rotating the pin through 180° and bringing the tool to be ground into gentle contact with the flat puts the tool tip onto the same plane relative to the pivot point as the grinding wheel face. This establishes the baseline postition. If the tool carrier is also on a slide and both slides have suitably graduated screws its clearly possible to set up to grind any reasonable radius on an initially sharp pointed tool tip.
Leaving aside the undesirability of using a flat wheel face to grind on the whole process becomes stupidly complex once you attempt to cope with variations in tool blank size and tips not on the centre line of the tool blank. Its also tricky to set up to re-sharpen radius tipped tools without taking them back to a point first. The difficulties aren't insurmountable but it's the sort of thing that makes you think life is too short.
For thread cutting tools, at least in any size we are likely to use, its probably easier to simply convert the end of a sharp pointed tool to a flat. Measuring the overall length of the sharp tool before starting and re-measuring afterwards is the easy way to verify that a suitable width of flat has been applied. Starting from sharp each time is wasteful but the waste is, objectively, not that significant unless you do lots of screw cutting. There are effective ways of gauging but the effort is probably disporportionate.
Clive.
P.S Neil types faster, and shorter, but we are talking about the same principle.
Edited By Clive Foster on 06/11/2016 18:32:48
Edited By Clive Foster on 06/11/2016 18:33:47