Well, a tablesaw will work, but it's a little overkill. I use a hand saw, bandsaw, drill-saw, cordless rotozip, and lots of farrier's rasps. The big ones with the enormous teeth make it flat in a jiffy! A woodworkers bandsaw is probably the best for straight cuts, and the cordless rotozip that I got yesterday is phenomenal for round cuts.
Oh, and a carbide forstner bit. Carbide loves the stuff! I've worn out bandsaw blades and farrier's rasps cutting this seeming soft stuff. I've actually worn out four double sided rasps and ready for a fifth. But the carbide forstner bit feels untouched by the stuff. Mind you, I've cored out about 4000 holes, 2.5" round x 2" deep and this thing still cuts like new. I think that although the bricks are soft, the actual material is harder than steel, it's just bonded weekly with lots of gaps.