Like Buck said, you have to figure out how you prefer to grind first.
If you down feed .0002 and step over 1/2", then the 3/4" wide wheel might be useful.
Like Buck, i am mostly working with situation where " a fair amount" has to come off, but not so much as to waste time milling it first. So i might set .012 or sometimes even .025 down, and .003 or .005 cross, and let it work while doing something else. The edge of the wheel wears, but barely at all behind it. So depending on material, grit, speeds, etc, you can do a lot of grinding in the sense of material removal before the wheel has a ramp in it and needs re-dressed. I have not found 3/4" wide on a 1HP 7" wheel grinder to be useful, the 1/2" wheels seem to be more efficient.
As the grinder gets bigger, wider wheels become more useful. I do use 3/4" & 1" wheels on the DoALL D1030 which has 3 HP and takes 10" wheels.
smt