I'd avoid rewinding at about all costs. On a quality grinder the motors are finely balanced. I learned my lesson there ..... once upon a time as a newbie, I swapped out an SG motor and soon changed it back and got a quite a difference in finish. (built an RPC as well, in the days before inexpensive VFDs). I don't see any now, but 220-600 single coil autotransformers come up inexpensively .... feed that into a vfd and away you go.
For their mills they used a Spanish company to make them and they were excellent .... I'd suspect their grinders are as well, don't know if the same firm made them. If spindle bearings, mag chuck and ways are good, that imo is great deal.