Forgive my lack of knowledge on the subject here, I am curious as to why these would not work. At my work we cut 4140 prehard tool steel on a marvel saw, 13" wheels, blade at 450 IPM, 100 lbs cutting pressure on a 1.25" x.065" thick bi metal blade. average life span of a blade is 500 hrs under very rigorous conditions. I would think wood would be easy as they generally dull and not break. Would love to hear some experience on the subject. Not trying to jack the thread here just working on plans for my own mill rig and insight would be much appreciated on the subject.
To the O.P. you may be able to sell them if it was a decent brand saw. We just put a new lower drive wheel in ours a month ago and the replacement from marvel was $2900 for a keyed shaft mounted wheel. Big pain in the wallet for someone else but maybe help fund your project?