One thing i'll admit to not being that good at, often looked at various machines of that ilk the last 20 odd years, bought a few thrown them away.
Bottom line whichever one you use every single drill has to be specifically setup or waste loads, even drills of same size making them laborious to use. By the time setup each drill could have ground up 5 or more by hand, I tend to buy quality sub 3/16" rather than regrind by hand.
Other downsides they only handle from and to certain size and wont do morse taper.
Now if there was a fool proof, easy, quick to use method with decent stones I would make room for one.