Spoken from somebody who makes only a dozen or so knives per year - it depends on the thickness of the blade. Anything <.125" I'll for sure grind post HT, thicker than 1/8" it's sorta your choice even with AEB-L which is known for being "warpy". I ground dry belt for several years. As navman says you dip in water each pass and keep the blade moving across the belt - don't linger at one spot. Not too much of a problem keeping blade from turning color.
Lately I've started using a mister system to put a water mist on the blade while grinding - that works really good. Allows a bit faster bevel grinding without overheating. I'll still dip in water after several passes because a blade can still get that nasty blue color, especially the tip. With the footswitch I added to mister I really wish I'd had the mister setup years ago. If you've already got an air compressor a nice mister system can be setup around $50 including the footswitch. The footswitch allows the mist only as the blade is in contact with belt so no so much wasted water and not near so messy.
I don't think the type of steel matters when grinding post-HT - heat is created when grinding and if any portion of the blade turns brown (light brown around 400°F) while grinding the HT is affected. If you see a dark blue, HT is ruined as dark blue is over 500°F. The problem of overheating isn't much of a problem until the bevel starts getting down to the thin edge. A thin edge can overheat so easy. The trick is to grind light pressure, move quickly across a "sharp" belt, and dip in water every pass.
navman, good time, but a few drops of what? {g}
Stacy, you got your post in as I was hitting "post". Good idea on using a high temperature temper steel. If it's tempered at 1,000°F not much danger of overheating while grinding bevels.