I agree with the five steps once the grinder is set up, but this doesn't take into account the initial setup. When using the hydraulic clamp grinders such as the super jolly you have to lower the head to the chain, then bring it back up to adjust the chain, then lower it again to the chain as many times as it takes to get your initial setup. It's still a little faster(even on short chains), and a lot less movement and turning of the wrist to tighten the vise down and loosen it, but it does take a little longer to set up.If my cheapo grinder ever fails, I would upgrade to the hydraulic assist. There are 5 steps in grinding a chain. 1) Loosen the chain clamp, 2) move the chain, 3) tighten the chain clamp, 4) lower the motor&stone to grind 5) raise the motor&stone. With the hydraulic you would remove 1&3, and it would all occur that much quicker and simpler.
There is a significant cost in such an upgrade, but after so many years of use, the cost per sharpening is a few pennies.