Well, the cobalt jig saw blades turned out to be a bust

But to me (cuz I've used one for sooooo many years) a jig saw is still the way to go. So I'm gonna sell my b2 beverly shear for $350 (what I paid for it a few weeks ago) and if I get no takers, then it goes on Ebay.
If anyone reading this is interested in the shear, see the post on the classifieds or drop me an e-mail.
As to cutting stainless with a jig saw, the 2 biggest concerns are going slow, and maintaining a fairly constant slow speed (which requires a decent amount of control on the trigger). If you run at top speed, you'll burn the blade up within 2 inches of cutting. Used properly, an entire stainless helm could be cut with 1 or 2 blades.
Also, make sure that every inch or so, you give the blade a rest to cool down and get more oil on it... a pain and a little slow, but still a functional way to cut stainless. (I just use cheapy 17 teeth per inch blades... I stay away from the expensive bi-metal ones, tried them before and found no real benefit)
ps. All the above rules about going really slow and all only really apply to stainless, NOT mild steel... mild is MUCH easier to work with.
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Otto's Armoury
(home of one HIGHLY overworked armourer!)
http://www.members.tripod.com/SBvast