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The Hitachi is a definite step up in class…. much better saw than the B&D. Much heavier, belt drive induction motor, larger work area, will accept upgrades like better fence, aftermarket miter gauge, and solid wings, is worth fixing if the motor goes south. $275 isn't a bad price, but a reasonable offer can't hurt if the saw checks out….they just might take it!
 

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As long as it's got the belt drive induction motor hanging out the back, it's still a step up in class from the B&D, and has very good potential, but JayT hit the nail on the head about the fence. If you're willing to deal with the fence for a while, or upgrade it, could be a good buy. The Hitachi fence isn't wonderful either, but it works. I'd offer $100-$125 if it checks out.
 

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Keep at it. I know it' s a lot of work, but the results can be downright impressive, with lasting benefits.
 
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