I used this system on my normal buffer but the problem was the issue was the wheels were spinning far too fast and so a huge risk of over heating the edges of your blades. Also keeping the angle was a bit hit and miss free hand and so I stopped using the system.
Recently I discovered this guy in Australia (Vadim) really helpful and has done tons of research into sharpening. I have now bought one of the Tormek T8 machines with CBN wheels, wow they are superb! I am also setting up a new buffer which is slower than the other and will be using new inch wide paper wheels on it as described in Vadims videos in the links below. Both wheels will be the ventilated type.
Last night I sharpened an Elmax knife on the Tormek using the program on my PC to set the angles and I couldn't believe how accurate the bevels were and how insanely sharp the knife was.....this was without doing the honing on the paper wheels (as still setting that up). I also found it a pleasure to grind the bevels on the Tormek which is water cooled so no risk of over heating the fine edges....there is a link to a study on this below.
As with Motor City Mikes comment I also will not be using the grit wheel , both will be coated in Diamond .5 and .25 micron and just to refine / hone.
the grit supplied with the wheels although quite coarse are not so in use but I would say the grit would only be useful to a non knife maker as makers will have belts and other better optons.
Below are links to Vadims method which is a very precise method, accurate to .5 degree. I am pretty sure once I get the hand of it I wont be using belts for secondary bevels or honing by any other method.
https://www.tormek.com/forum/index.php?topic=2963.0
https://www.tormek.com/forum/index.php?topic=3661.0
http://www.bessex.com/forum/showthread.php?tid=318
There is a lot more on his site which can be found on the links.