Mike said it real well.
I have had a 10"serrated wheel on my Square Wheel, a 2" on my horizontal Bader, and will not put one on the Burr King. I do almost totally all my blades at under 4" for slipjoints and linerlocked folders. While the serrated supposedly eats steel faster and stays cooler, I don't care for serrated at all...for my use... I stick to reasonabley high durometer smooth wheels...and run them pretty slow unless hogging outlines of blades and springs...I do grind in hardened state...
I don't have a KMG but alot of makers seem to consider them extremely fine grinders to use. And while I drooled over one the last time I saw one, I couldn't dare bring home a 4th belt grinder.....and the ones I have other than the horizontal were made prior to KMG being available.
Good Grinding!
Edited to add....You are in the Phoenix area, D'Alton Holder (D'Holder Knives) lives and works in his shop in Peoria near Phoenix. Dee, and his wife Pat, are fine folks. Dee has made a "ton" of beautiful knives, is a highly skilled (I understate Dee's ability by saying master craftsman) and would be a fine gentleman to ask your question, aand to meet and maybe spend a day with after you try out your grinding some. Give him a call and don't miss the opportunity to talk with one of the "Living Legends" of handmade knives.......