I have a Ridgid bandsaw, the orange model. I have had mine for about 18 months and I do like it.
Here's my $0.02:
Overall impression: great machine at the price point. And you can't beat the LIFETIME warranty on the machine. I don't know of any other manufacturer that offers that.
HP: Adequate power for my needs; I'm not resawing purpleheart or paduak all day either. See (2) below, with some quality blades you can greaty improve the performance and apparent power of the saw.
Vibration: My saw did have some noticeable vibration out of the box, even when tuned and tweaked. I bought 4' of link belt at Woodcraft (~$25) and the vibration went to ~0. It will pass the nickel test now, no problem, even sitting on a herculift stand in the raised position. Most powertools will benefit from linkbelt upgrades.
Dust collection: It's okay, I wish it were better but I haven't brought myself yet to cutting a second dust port in the lower door.
Guides: The stock guides are okay. I would suggest some cool blocks, or if you are like me and like buying new tools, get some Carter guides. Sweet, sweet, sweet.
Other add-ons you might consider:
1) You need a fence. Especially if you are gonna resaw, and even for ripping you don't want to monkey with clamps and a straight edge all the time. I chose to go with the Kreg fence. I wasn't too impressed with the Ridgid BS fence when I saw it in the store. It had way too much play in it, although maybe that was just the particular one I toyed with in the store or the result of improper installation. The kreg is nicely machined, easy to account for blade drift and very accurate. You can often get it at Woodcraft for ~$100 with a resaw guide for free.:icon_thum
2) You will definitely want to get some good BS blades. As the case with most stock blades, the one included with the Ridgid is .... ahem ... crap. Get yourself some Timberwolf blades of various sizes and TPI. A good start would be 1/4" and 1/2"; 1/2 for resawing and 1/4 for tight curves.;-)
3) I upgraded the tires on mine with Carter tires (also available at Woodcraft). I didn't notice anything particularly bad about the stock tires I just bought the Carter ones 'cause I felt like it. Now what WWer hasn't bought something for the pure joy of a new toy? :eusa_danc
4) Riser kit. When I was looking for my riser kit (~10 months ago), they were very hard to come by from Ridgid. There was a backlog of about 6 months and they were asking ~$100 for the riser kit, which is absurd. Do yourself a favor, Grizzly makes a riser kit that fits the Ridgid model perfectly. The Grizzly product number is H3051 (link below); it sells for ~$58+shipping. When I got mine they had a special offering 100 stainless wood screws for free; not sure if it still available. Apparently, Harbor freight also sells a riser kit that will fit the Ridgid, but the lead time for HF shipping is reported to be lengthy.:icon_thum
H3051 6" Extension Block Kit
5) Carter guides, already commented on above.:-D
6) Mobility. If you can get a herc-u-lift for it, do it. That's one sweet mobile base and it works well with the Ridgid Bandsaw.
7) I added a light on mine and mounted a receptacle on the riser block. Both convenient if you plan to spend hours in front of the BS.
8) I also added 1" plywood to the top of the steel base to help reduce vibration.
I only have one negative comment at this point. I recently noticed that my blade would not track very well, tracking to the front of the lower wheel regardless of adjustments I made. Upon closer inspection I discovered a crack in the casting on the outer edge of the upper wheel. I called Ridgid customer service and they confirmed that I had registered my BS with them at purchase and thus was eligible for the Lifetime warranty. They sent me a new upper wheel free of charge. I appreciate not having to pay shipping or hauling the whole thing down to the local authorized service center for this simple repair. Kudos to Ridgid for standing behind their product.:icon_thum Replaced the upper wheel, problem solved.
PS: And finally, to make a long story even longer, I recommend reading Michael Fortune's article on BS tuning in the October 06 issue of Wood magazine. He gives several tips and tricks, specifically about the Ridgid model.