I know this is kind of an old thread, but I just bought a Harbor Freight circular blade sharpener over the weekend and wanted to report on it, so I figured why start a new thread when there was already one on here.
I paid about $44 for the tool after applying the 20% off coupon. (I never go to HF without coupons.

) I had spent a little time watching some of the reviews on YouTube. The first few that come up have some good tips for setting the tool up before you use it (adding some washers and jamb nuts to tighten up the mechanics and make everything work a little more smoothly). I added a washer on the handle linkage and a jamb nut on the knob that holds the blade. I left everything else just as it came out of the box.
I have about a half dozen blades that need sharpening. (I keep buying new ones but have held onto the old ones because I kept telling myself I was going to get a sharpener one of these days.) The last time I used the 10" blade on my miter saw, I really had to push it through the lumber and ended up filling my garage with smoke in the process. (I probably could have cut through the studs just as fast with the motor off! LOL.) I paid about $40 for that blade (about the same as what I paid for the new sharpener), so I decided to make it my first subject to see how the sharpener worked.
It took me about a half hour to unbox the tool, set it up, make the couple of mods to it, and figure out how to set up the blade. It's a 40-tooth blade with alternating angles on the teeth, so I used a sharpy to mark every other tooth with a little dot so I wouldn't lose track and hit the wrong teeth with the wheel.
I used the indexing attachment the first time. Setting that up took the most time. Once I had everything set up, it took me about three minutes to sharpen the first half of the teeth. I reset the angle for the other half of the teeth (took me about two minutes) and then monkeyed around with the index attachment for about ten or fifteen minutes but couldn't get it just right. So I set it to fall between the teeth but didn't worry about perfect positioning. Instead, I just used the indexing attachment to count off the teeth, slid the wheel in front of each tooth, then gently turned the blade until the tooth lightly touched the wheel for about a second. This worked best.
All in all, it took me about an hour to sharpen a 40-tooth blade with the teeth ground at alternating angles. Using what I learned this first time, it should take me about fifteen minutes next time - and that includes the time it takes to pull the tool down off the shelf and set it up on my workbench. No need to bolt it down; there's virtually no vibration - the lightweight tool stays put and it's self contained so there are no alignment issues.
I put the blade back on my miter saw afterward and tried it out. It cut through lumber like a hot knife through butter. I was very pleased with the performance.
So, in a nutshell, I spent $44 dollars on a tool and it pretty much paid for itself the first time I used it. I can live with that. For someone who, like me, only needs to sharpen blades a few times a year, it's a very good investment.