Miner( Pete) and I were prattling -across the Pond about this. He had sent me details of John Moran's 4 facet drill grinder whilst I replied with my absolutely brilliant ( dead lazy, really) system to do end mills and slot drills.
I cheat somewhat because I have a set of ER25 collets and a dividing head which tilts but I also have a Kennet. OK, it is an expensive bit of kit even in castings and so on. However, if you lash out an buy a three way vice and 6" double ended grinder from (say) Machine Mart you can make up tool and cutter grinder. John Stevenson knocked up one using a spin indexer and described it years ago. I think that John got to the mock up stage but it will work because I was messing about with one before an ancient Clarkson came my way for not much more than shirt buttons.
However, one doesn't need fancy collets and simple holders of say 1" round are bored to take cutters. If they go into a square holder, the drills can be held in right angles or in four facets by rotating them.
All one does is do tilts of say 5 and 15 degrees and provided one is careful, ends are easy.
I can tell you that there is nothing new or whatever because the Quorn uses 1" round bar as a standard as well as the Kennet and the Stent and Brooks.
There may be more machines but you get the idea.
Does this help?