I have several hand-powered fret slotting saws. The Stew-Mac on is their standard classic model, not the newer Japanese slotting saw. I bought it back around 1992, so it's practically an antique now. Stew-Mac has further developed and upgraded their fretsaws and slotting fixtures over the years. I also have one of the LMII slotting saws, which I bought sometime in the mid-1990's.
And I have several mini-hacksaws, the ones that use the little 6" blades. When you measure them, those little hacksaw blades vary a lot from one to the next in set width. With some selection and measuring, and some stoning and vise-crushing, I have several of those little saws labeled which will cut other size slots, like 0.020", 0.028" and 0.030". There are times when I want to cut under or over sized slots.
Which do I like best? Well, as T_Bone referred to, about 20 years ago I built my own custom fret slotting saw machine. It uses the round Stew-Mac blades, powered by a motor. It indexes accurately to the positions of any scale length I want, and the sawing head follows the curve of the fingerboard radius. A few years back, I modified it further to be able to cut fanned fret slots.
So, for obvious reasons, I've been using that machine to cut almost all of my fret slots for the last 20 years. I rarely have a need to hand cut a slot. I mostly use the hand saws to check the depth of the slots. Sometimes, when cutting hard fingerboards like cocobolo, the head of the machine will push up a little bit as it goes across, not cutting the slot to the full depth. Taking a second pass through the slot isn't good, because it could widen the slot.
When that happens, back on the bench, I use the Stew-Mac and/or LMII saws to run through the slots by hand, to clean them out and make sure they are are at the full depth. Both of those saws have the plexiglass depth stop on the side. For whatever reason, the old Stew-Mac saw cuts slightly narrower than the LMII saw. Probably just wear. I usually take a swipe first with the Stew-Mac saw, then a finish with the LMII saw.
The round Stew-Mac slotting blades are very good. I have two of them which I swap back and forth as they get dull. I resharpen them and reset the teeth about once a year. I set them right to 0.023". On another forum, I did a little tutorial on how to sharpen and reset the teeth on one of these blades. It's not real hard to do.