A buddy and I did an old delta that had an external drive pulley years ago, and knowing my buddy the way I do, the gear reduction motor he had was a freebee, I posted something about it a year or so ago, stacy pointed out that converting a newer machine might be a hassle because you would need to switch from a flat belt to a v belt, if you shopped around for a cheap gear reduction motor I bet it could be done for less than $100
I have a craftsman 12" and because of the way the pulley system is set up it would be very simple to change out the flat pulley for a v-type, also because of the way the stand is set up, it would be easy to build a platform for the new motor
The best part is you wouldn't need to hack up the saw to convert it, only 4 small bolt holes in the stand for a motor mount