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Well, that depends on what you want this saw to do? I suggest against the contractor type saw (motor with drive belts hanging off the back of the saw) and bite the bullet and buy a cabinet saw. I started out in my parents garage making cabinets right out of high school using a Grizzle contractor saw. I had to built my own fence then since they were just a little better then the 1965 sears saw fence and have no money for a Besmeyer fence or a Uni-fence. Do you want to buy used? I personally like a Powermatic no. 66, 10 or 12" saw with a Besmeyer fence only because the blades tilts the other way from the fence. If used, then it must be trued and requires a bit of cleaning and Uni-saws can be had and parts are available. Those were the work horses of American wood shops. I have 4 saws in my shop and I use the Powermatic 66 10" saw the most if I need to cut anything , then my sliding saw is next.
Spend about 1500-2000 and I think those Grizzle saw are a goo dbang for the money. Yes, made in China and they have come a very long way. Adj once, and they stay true unless you bang them up all the time. Invest in a couple of good saw blades for finer work. Stay away from the Freud blades sold at Homedepot.
Go with 240. A 120 motor will bog down on ripping larger stocks making it dangerous, IMO.
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