Hi Ted,
I have a 5 H.P. 10" Unisaw. It's as old as I am (40 something)and was made when tools were "keepers" and yes, it weighs half a ton. All cast iron. Heck, the Biesemeyer fence weighs about 50#!
When I cut birch with a new blade, it looks like a laser did it.
Like Too Tall says, not really sawdust, it's more like powder.
More teeth = more horsepower = smoother cuts. Simple as that.
The blade speed needs to stay stable as well as the feed rate.
A blade stabilizer helps since it's more precise than the blade washer, but really good quality blades are the key. The lateral run-out (surface flatness) is almost zero on the good ones. That is hard to achieve since the carbide tips are brazed on and the steel gets a good bit of heat (which shinks it, thereby stressing it). The steel needs to be as stress free as possibe (the expensive stuff) to start with. It takes time to make good blades. You get what you pay for.
Some good blades I've used are Freud, Oldham, Forrest (my favorite), but the selection is limited in 8.5" sizes. Woodworker's Supply (800.645.9292) has a Freud LU91 compound miter blade (48 tooth, -5 degree hook, ATB grind) that looks as good as you'll get. Use DriCote blade lubricant on the new blade, the stuff works. Use it especially on your router bits as well. You'll love the smell to.
The "zero clearance" insert is a must, if possible. Looks like the sled is keeping you from that option.
Try this, take the blade all the way up. Lay a framing square lightly against the end-most carbide teeth and run your fence up to it. Is there run-out or toe-in?
Good news is if the fence can adjust, eliminate it there. Bad news is, on cheaper saw/fences the motor bolts will have to loosened and you take it out that way. A real PITA. Takes two people. Hope your saw is not like that.
stay sharp,
keep your fingers,
make sawdust often.......
rinse and repeat.
Dan 0;)