I'd miss the ability to make quick alterations to the bench pin - I've got a few very small additional V notches in mine that are useful for small items; I've got a notch across the top surface for laying wire & tubing in while cutting, a deep hole for earring pins and so on. For some things I can see the steel one being useful - and anyway, it has dovetails on the back so can slot on & off the bench.
However... I'm also a tool junky who likes to work out for himself what's different or better. In the case of the dread red saws, I bought all 3 sizes having looked at the justifications for them and I use them more than any of my other saw frames. The problem is that with some purchases, there can be difficulty saying "I spent a lot on this and it doesn't do the job"; part of that is down to the feeling that if people admit they goofed, that makes them look foolish. Thankfully I don't think I've done that recently - or possibly either I don't remember doing it or I'm not admitting to myself I have...
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