Just wanted to add, that mine was a real cold-saw, with sub 100 rpm, and flood coolant for the blade. I can't remember off the top of my head which model, but it was a domestically produced premium quality machine, with a big long handle you could get a lot of ass into, and a large plate base.
Maybe these type of blades on this saw above are better, they look more like the carbide chop saw blades for wood cutting mitre saws, and I've heard of people having decent luck with these, but mostly for mild tubing.
On the other hand; the M71 high production blades from sawblade.com will cut through non-annealed billets like a hot knife through butter, at higher feeds and speed than I'm comfortable cutting at typically. I usually fuck them up doing something stupid, and have never worn one out on damascus. Cutting composites on the other hand, which are abrasive is a different story, and I've destroyed a bunch of them cutting vintage rag micarta, pure nickel (ITS HELL), or spring tempered 15n20 that was supposed to be annealed and wasn't.
I recently however got one of their "Triple Chip Carbide" tooth blades, and I have to say, it's insane. It destroys pure nickel or spring tempered 15n20. Haven't tried it on composites yet, which is what I got it for, but I will soon. Either way it's saved me hours of waiting for my saw to slow poke through pure nickel plate, which I usually have to weight the saw head down, even with the head weight set to max and hydraulic down feed.
I've been cutting a lot of 1/8" nickel 200 plate lately for one of my main customers that uses damascus for non-knife stuff.
To give you a point of reference also, this is not a small saw. It's a Startrite H250A, that uses 1" x 0.035" x 10'6" blades. Not huge, but it's a real saw, with controlled and fully variable hydraulic up and down feed. Weighs maybe 1300-1500lbs, listed capacity is I think 8x10" square, but I've cut 12x12 with it on numerous occasions, with modified vise jaws.