One of my first tool builds was of very similar design – I didn't even consider covering the belt drive, however! The spindle was a home-brewed ER25 affair running in cheap ball races. The toothed belt is tensioned by the ball race jockey wheel mounted in a slot for adjustment and the driving pulley and idler (bottom left in the picture) are interchangeable to give high and low speed ranges. It's (under) powered by a sewing machine motor but it revs to 10,000 rpm – it says on the box! Vibration is a bit of a problem and I wouldn't trust it to do any accurate grinding but if fitted with a proper spindle it might pass muster. Still, like I said, it was one of my first projects. I've learnt a lot in the five years since then.

John
Edited (twice) for sloppy typing.
Edited By John Hinkley on 16/10/2019 20:06:15
Edited By John Hinkley on 16/10/2019 20:08:31