As anyone who's worked on two smokes knows, it takes much more than a degree wheel and a moto tool to make an engine builder.
But it's not just the investment in various hand pieces and burrs, it just takes time to learn how to layout a cylinder to port it, how the burrs behave in the cut, and no matter how many ports you've ground you'll have an oh sheep dip moment when a burr gets away from you and ruins a cylinder you've spent hours porting.
Honestly I've found one of the best additions to a grinding outfit is a foot pedal so you can turn the darn thing on and off quickly. I'm using a makita die grinder to power my foredom flex cable and a variac to control speed. But the foot pedal on off is highly recomended.
If anyone is secretive about their porting it's probably because they are embarassed to show how ugly the grinding marks are that they leave.