Ok I was in the shop today and thought I would show how I do it.
The plunge cut was already done but only roughed in. Roughing it in is something that's hard to describe but once you figure it out it's easy. I use the edge of the belt (50grit blaze) and carve it out and kinda like if you where carving it with a knife. When I first set the edge bevels I just make sharp even plunge cuts and leave to top of the edge bevel lower then the finished height. This way as I carve and shape the plunge cut I can sweep the edge of the belt in an arc down into the plunge and along the blade. It helps to have the platten tilted forward so you can see behind the blade and actually watch what the belt is doing. But this takes practi, first time I tried grinding while looking upside down and behind the blade I washed out the spine.
After your heat treated and ready to finish the blade I grab a nice gator belt. I start with a A300 gator and do the same roughing as I did with the blaze belt but this time I track the belt off the side of the platten just a tiny bit. This gives a little bit of flex so it does not dig in.
Then pop on a 100 grit and Keep it tracked off the platten the same amount. My belt has one edge rounded so it does not dig in. I round it with sand paper while the belt is running. Just dress it to the arduous you want. Here is how well the rounded edge fits my plunge. But a tip is only round one side, and flip the belt when you start on the other edge bevel. This way the belt still has a sharp edge if you need it and your using the same radius for both plunge cuts.
Here is what it looks like after grinding, make sure both sides match, your customer might not notice but you will and it will drive you crazy.
This is is where the rubber meets the road so to speak. If both cuts are not the same it will really look bad and is considered unprofessional. In fact a guy was elimanated from forged it fire because of uneven plunge cuts.
I go stright from A100 grit to a 220grit paper and start hand sanding. Here it is at 220grit does not take long at all.
Make sure you get up into the plunge cut, I kinda rock the paper into the cut.
Then flip it over and have a go at the other side. A big thing is protect the the nice crisp edge from the plunge cut to the ricasso. Guard it with your life don't let the sanding bar run up and over the edge. If this gets rounded it does not look good and is not fun to fix.
I then take it up to 400grit. It still needs a bit more but it's close enough for now.