Standing, period.
1. How else are you going to make use of your "organic tool rest"?
2. Better control. You never grind with your arms and hands. They are there just to hold the blank.
3. When you grind, remember, elbows in, and don't move the blank with your hands, you need to sway with your body.
4. If you sit, all the dust and filings end up in your face.
5. George Tichbourne's statement above. Safety first. There are less painful ways to get a vascectomy.
6. You will ultimately end up standing anyway, why not start out that way?
7. Grinder or contact wheel heighth is very important. It must fit YOU! Not your chair.
8. You are not always getting up and down to change belts or grinder set ups.
9. Standing is easier on your back than sitting.
10. The last time I checked, this ain't Japan
C Wilkins