Great post snotpig!
grind first with the coarsest grit. Once you feel the blade grind is about 90% complete, start moving to finer grits.
Tyger, you said you bought some cheap coarse belts, I would highly suggest premium belts (i.e. Norton Blaze), they cut faster and last longer. Like snotpig said, about 90% of time you'll be working with the coarse stuff. Ban said he goes through 15-20 coarse belts for every 1 fine grit belt. I didn't believe him at first, but I'm through my 4th coarsest belt and still on my 1st 120 grit.
