...rlitman, I found a very nice IR die grinder but it listed the air requirements as 25 CFM! That and the price tag of $147 on Amazon was enough to steer me away. I agree that most of them will run on my compressor but not all.
Your 80 gallon tank holds a little more than 60 cubic feet of air at 90 PSI. If it is a typical two stage, the peak tank pressure is almost twice that. At 25 CFM consumption, with a 14 CFM pump, you're then outpacing the pump at 11 CFM.
So, say you start with the tank at 175 PSI. You can grind for about 40 seconds until the pump kicks in, and then another 3:40 until the tank pressure drops from 150 to 90 PSI, at which point you'll start to see a drop in performance.
Which means that you've got over four minutes of solid run time on that grinder. Do you think you'll need to have the lever depressed for four solid minutes? If you're in the business of porting carbs, then maybe, but then again, a 25 CFM die grinder is going to be a POWERFUL beast.
tl;dr, a tool that outpaces your pump may still be ok, if you aren't too trigger happy.