Adding a dimmer switch like the ones you use to dim lights will dim the power along with the speed. The 4600 sfm is very fast. I have a Craftsman 2x42 that I used to use all the time, and that speed took a lot of getting used to. The wider sanders aren't set up very well to grind knives on, but can be made to do a passable job with some work, like adding a better platen.
Todd