Are you talking about a Cold Saw Ian?
Usually they run at *MUCH* less than half the RPM of an abrasive saw. My Scotchman CPO350PK/LT ferrous cold saw ran at 22 and 44 rpm respectively, and usually, the blades are HSS for cutting ferrous metal, and run more like $150 for new blades, but you can resharpen them often.
I agree they're excellent for fab work, if you're cutting tubing or small solids they're beyond value. However, I bought mine for cutting 45 deg tiles for ferry flipped damascus billets, and found them lacking for that purpose. Kerf is large, (minimum blade thickness for this size saw is roughly 0.100, where as my bandsaw blades are 0.035, and I'd often run into problems making cuts where I'd work harden or run into hard spots if I didn't anneal the billets.
In the end I sold the cold saw, because it was taking up too much space, and I don't need it for general fabrication as much as the next guy. A larger, more rigid saw would maybe have worked better, but they're not that common in a reasonable price range, the model I had, is the lower end of industrial quality cold saws, and run about $6k new.
Now, in regards to the OP's question, there are numerous heavier duty abrasive saws, kalamazoo makes a smaller semi-reasonable priced one, that is well regarded. Personally, I don't like using an abrasive saw for cutting billets. There's still more kerf than I want, and the more kerf, the more chance of layer misalignment on restacks (an obsession of mine), they're also nasty in the shop (worse than a Surface grinder or belt grinder IMHO) and louder than hell. I use a large horizontal bandsaw, and a tiny horizontal for all my billet work. With properly broken in premium M-42 blades (I use the Haltbar M-42 701 series from sawblade.com), you can get dead square cuts with super high cut rates, but break-in is essential. Even if your saw's guides are great, but you don't break in your blades, they'll cut crooked and have poor life.
FWIW, I never anneal my billets while restacking, just let them cool, and slice em up. I haven't replaced my big saw's blade in about a year. The smaller Harbor Freight piece of poo however, goes through them like nobody's business because of all the slop and shake. I just have it modified for cutting tiles for flipped billets however, so no big deal, although ideally, I'll replace both of them at some point with a "swivel/miter head" type horizontal, like a Hyd-Mech. My current larger saw is a Startrite (14" capacity), but it's not setup to cut miters.