I use a variable speed scroll saw with jewelers blades to cut out some fancy shape guards similar to a Tsuba.The blades are a little bit longer than a scroll saw blade ,so you have to snap off about 3/8" with a pair of pliers.Otherwise,it works fine.I have cut the guard slot on it,but find it is much faster and easier to do it by hand with a jewelers saw ( looks like a coping saw).I would think it is too slow to cut up much steel ,like profiling a blade.A HF metal band saw will do that (put on a Lenox blade).