Scott,
UHMW can be had at Woodworkerssuply.com or woodcraft.com and can be milled into anything you want. 3/4" sheets are common. I have used it on my compost bin pivot, table saw mobile base. I have also used it on my router table fence. You can thread it, cut it and machine it very well. The threaded rod/motor will work well, but will be expensive. I like the idea of pulling up on both sides with the same force or lifting from both sides at one time. One side could never get further ahead than the other. At this point in the game, I know your frustrated, but the handle on the back to correct for a problem will not make you happy in the long run. You have come a long way. I was inspired when I read the post on your project many months ago and now it is my time to return the favor. Just take deep breaths, your almost there.
HTH,
Chad
Edit: After seing the post above mine, I thought I should clarify my opinion of lifting both sides at the same time. Imagine a rod mounted on pillow blocks on the top of your entire saw frame. cable reels on both ends(so that each side could have an independant cable). The cable reels would have their cables go straight down and attach to the sliding saw assembly. On one side of the rod would go your handle for the winch and the rod locking assembly(same priciple as the winches). When you turned the handle the rod would turn the cable reels the same amount and raise the sides the same amount.
The other way and perhaps more simple one would be to use your same winch(mounted in the center of the upper frame) like one of the first poster's suggested. Have two seperate cables come off it pivoting at the upper corners with pulleys and then going to the sliding saw assembly.
And third, same principle as #2 but put the winch at one side eliminating the need for one of the pulleys since it could drop straight down from the winch. The other cable would simply go through the pulley and the opposite side of the frame and drop down to the other side of the sliding saw assembly.