I’m loving this valve grinder I picked up.

Great machine, does it have the replacement collet/spacer assy., or the original one? I bought the replacement in case, Mine is still OK. I haven't used the white wheel, but it's on the list while I'm doing some service & repair, the brush holders use a choke-spring style wire connection....one of them let loose so..

I’m not sure if it’s the original collet or not but it sure is a pleasure to use compared to my old three tapered ball machine. I may still convert it over to a collet setup but if I do I’m not in a hurry to do it.