My cheap Taiwan band saw was cutting off square recently,can,t understand why since I,ve only had it for about 20 years !. Anyway,the problem was simply that the guides had worked loose and needed to be re-adjusted. This was not surprising,considering the amount of work it handled in that time. It now cuts 3"x 3" square enough to be used without any further work,also handles angle and box well enough. The cutout switch problem I solved by fitting an angle piece to the frame and fitting an adjusting screw to act on the switch,so,no more problems with that.
They are a cheap machine,but none the worst for that,so it might pay to give it a good going over before scrapping it.I paid less than £200 for my saw at the time and over the years,I consider I got my moneys worth,and it,s still going strong, So,dont knock it till you,ve tried it !
PS There was an item in the M,E.W long ago about fitting a hydraulic device to those band saws. Never got around to making one,but I think it would be well worth the effort,being kinder to the blades.