I use to clean my bicycle chains (those used for competitive cycle racing) with that. Then they started failing. I had a really bad crash once in the final sprint to the finishing line when my chain snapped. Sent it back to the manufacturer who had no answers, until they analyzed the cause being the cleaner makeup.As for oven cleaner, lye, drain cleaner: Sodium Hydroxide is a very strong alkali that has been reported to break down the brazing holding the carbide teeth to saw blades. It dissolves aluminum and zinc, and will also attack alloys that contain them. It is a very good rust remover for steel and iron, and will remove most one part coatings.
I always wonder where a saw tooth will end up, if it comes off at 3500 rpm?