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Its more comparable to the Ridgid 2400, but without the folding stand and LSA. The reason the motor is enclosed is because it is direct drive. It might make a fine contractors saw, other than moving it around would be a PITA. As far as Im concerned nothing (in the less than $700 range) beats the Ridgid 3650. Im not even really biased because I still havent bought one yet. (maybe a little biased, but not too much)
I think you've got the wrong Hitachi TS...the OP is asking about the C10FL full size contractor/hybrid saw. The motor is an induction belt drive 15 amp motor that's enclosed...their literature claims 3hp, but the motor plate claims 1-1/2hp (wonder which is correct! )