To Not Done It Yet, and Muzzer, Good morning,
Yes,I too have seen blades buckle and twist due to overheating. In fact the steel blade supplied with my Skil saw did this from day one. Since I was cutting mostly chipboard and MDF,this was a non;starter,so I bought a tipped blade,which cost almost as much as the saw ! This was back in 1975 and I still have and use the machine !
Tipped blades give no trouble if you keep them sharp,when they get blunt,the timber will dictate to the blade and the cut goes all over the place. The teeth do have a set to each side in order to give clearance to the body of the blade,otherwise a deep cut would be out of the question since the blade would just jam in the cut.
You can cut sideways to a certain extent,useful for making coving if you dont have a spindle moulder,did it many times myself in the early days. Dont think that would work with a slitting saw !
What I found so odd about slitting saws was that they all seem to cut with only a few teeth and to me that seems to indicate that they are bored off-center rather than anything else,although I cannot see why this should be.
I must say a great deal of info has emerged from this post,for which I thank everyone.
PS I am not trying to teach anyone how to suck eggs,just relating my experiences with wood machining. Milling is another ball game,for me anyway !.