This IS an awesome tool, a 'cold-saw'. These usually sell for around $435 and some I have seen priced north of $650. In my case, I was fortunate and found a 'damaged-box' sample never opened, still brand new in the box for only $360. The price included sales tax and NO shipping, a local pick-up!

Watch this YouTube video http://www.youtube.com/watch?v=iHDO0qK7P1M&ebc=ANyPxKoyyjMBjUvycC4jeD_O_J1aNKsVwLbgmbI888SMhFDBU9lWY-daR8kxozaB-83TPUmg5sTjDmhiihS4JVkO2seSmMuUdA&nohtml5=False, one other http://www.youtube.com/watch?v=1NpccJB7gCI&nohtml5=False

Where space is at a premium, here is a good idea, an easy way to adapt the cut-off saw to your existing metal shop work table. See here https://www.youtube.com/watch?v=oxkv6djTnpM&nohtml5=False