Got mine about 15 tears ago for 150 bucks. I've cut a ton (actually many tons) of structural steel and stainless rod with mine, hundreds of pieces.
Couple things of note...
1. The motors suck big time. You'll eventually let the smoke out, it's 100% pure Chineseum rice paper insulation and it will eventually stink. Goo news is a good Marathon or GE NEMA 56 frame is a bolt on. I have a Marathon on mine now. Mine stunk up the shop....
2. The upper bandwheel will eventually expire. It has a bronze bush in it and it's under constant tension. if you want it to last at all, remove the bandwheel and drill and tap it for a grease fitting and grease it. I didn't and had to machine the bandwheel for a real roller bearing.
3. The angle graduations on the vise base plate are wacky. I don't use them. I see you have a rafter square. use that. Much better.
4. Forget the cheap HF loops. Go to MSC online and order up some Lennox or Starrett pre welded 0.025 bi metal loops, you'll be glad you did. They last 10 times as long as the Chinese carbon steel loops HF sells.
Other than those quirks, mine has run fine for years. The biggest improvement next to the motor was the bi-metal loops. I hardly ever use an lubricant, just let it cut. usually the teeth on the loop will get dull before they break.
Still a heck of a buy at 200 clams. Yes it lacks a hydraulic downfeed and lacks a wet lube system but for 200 bucks, you cannot beat it. Mine is grey, not pizmuckle pink.:laughing:
Almost forgot..... I removed the cover where the input shaft from the belt drive goes into the saw and discovered it was filled with fish oil...lol I got that out and filled it full of high quality EP grease. been that way for years, no issue.
Gonna copy your base. I still drag mine around by the handle.