There is all sorts of conflicting information all over the web, and that's likely why the assumption is being made to jump to 3hp for a grinder. There's no reason not to, if you've got the money, I guess, but it likely a function of grinding style which determines requirements like this.
For myself, I'm not sure I can justify 3hp. That's not to say I wouldn't appreciate it, if I had it, I guess, but my direct drive KMG is currently using a 2hp motor, a 5.5" drive wheel, and is frequency doubled in the VFD for a top speed just shy of 5,000 sfpm.
The only time I'm using anything approaching the top end of this speed range is when I'm pulling off lots of material using coarse, ceramic belts. These belts prefer high speed to continue to fracture and create fresh, sharp abrasive. As per the engineer I queried at Norton Abrasives:
Hello Matt,
Thank you for your email. We typically recommend speeds based on the material you are grinding, when concerning a belt. For steel (all types), the suggested range is 4000-5000 sfpm. You can get a more aggressive cut by using a harder, more aggressive contact wheel, increasing your belt tension, running the belt slower, or going coarser on the grit. You can get a finer finish by letting up on the tension, using softer contact wheels, or increasing your belt speed.
I hope this helps!
For me, 2hp is more than adequate, as I freehand grind, and don't believe I'm physically strong enough to tax the grinder to the point of challenging its output before I'm risking a lack of control in my grinding, and perhaps even risking my own safety.
Like Drew, I'm questioning who told you your considered VFD is superior to others, especially Genesis/KBAC products. I've never heard anyone say anything like this before.