I bought a 750X used from an old man that didn't need it anymore. He got a lot of good use out of it, and so have I...
There was a little learning curve at the beginning, but it's not rocket science with their setup and the few steps are really easy to follow.
Bits over 3/4" I still have to sharpen on my grinder or just stick in a vise and do by hand. But they never turn out nearly as nice, but they get the job done... If it's a high-dollar bit I will take it to a professional sharpener in town that charges like a couple bucks a bit.
I drill mostly wood and thin / mild steel. You don't realize how dull a bit is until you sharpen it up and go, "Man this cuts sooo much better".
When I have to break out the DD, I will usually touch up several other bits at the same time since it goes so quick and most of the time is just taking it out of the box and getting it setup / put away.
I've had a few bits with really messed up tips. I just grind them down on the bench grinder (carefully as to note burn the metal / ruin the temper). Grind a rough angle, then let the DD do the rest. It can a while, but better than throwing in the trash.