Hi Matt - Working on my first bench grinder restoration. It's a Craftsman 397.19681 unit with 1/3 HP. I can't PM you yet, but any chance you have any stickers for this model? You do fantastic work!
I just obtained a Vanderman #1 of my own, and as I was doing research I came across your thread. Did you ever finish restoring yours? I'd love to see pictures and hear lessons learned.