yeah, it's what I figured...I just didn't think the wheels would be so out of round given they wear as they spin. I ordered a unitized fiber wheel as well as a burnishing wheel. Might pick up a wire wheel and stone @ HF tomorrow.
on repacking:
Tore it apart again and I couldn't figure out how to take off the grease shields (different design than above).
Here's what I did:
There is a tiny gap between the inner race and the shield (towards motor side). Take off bearings, shoot some carb cleaner into that gap and/or soak bearings in gasoline (per manual) so you can dissolve the old grease. Dry out, using grease in a tube (or syringe or grease gun with needle injector) press and use pressure to inject into the gap, repeat until dry noise when spinning disappears and you get some drag from the grease.
I'm pretty sure mine had a larger gap than the one below (check yours before using solvent to remove old grease). You could bypass the cleaning and just add more grease and/or maybe drop a few drops of synthetic oil in there to re-soak the binder that could be dry.
Also, in my model, there's a spring washer on the left side behind the shield & an end cap that I'm fairly certain sets a pre-load. Manual says that when removing the shields, one must run these end caps bolted down.
Lastly, despite being held together by 4 bolts, it is possible to bolt together w/a mild twist, to avoid this, perform final bolt down with grinder sitting on a flat surface, preferably without the bottom cover/feet in place. Once I was done, I ended up w/a tiny transient induction hum similar to an oscillating fan swinging by. I can't remember if it was there before but it's possible a lack of torque or induced twist when bolting the whole thing together is the culprit. I had already applied thread lock & tightened the nuts so fixed the twist w/a mallet & could hear the noise change as I did it. Maybe next tear down I'll look into it, I was not liking how easily the lacquered cloth covered wiring was fraying so that may be the next 'upgrade'.