Oh, plasma cutters aren't as wild as they sound. To me, "plasma cutter" sounds like super high tech science fiction stuff. It's not, really. I've used an O/A setup far longer than a plasma cutter. I pride myself in being pretty darn good with an O/A, and that is why I didn't buy a plasma cutter for so long. Basically the difference can be compared to cutting something with a hatchet vs. cutting something with a scalpel. Both will do the same job, but one is just a bit more exacting than the other and, both still have their place.
You can't heat up a piece of steel with a plasma cutter; won't do it. Unless you are willing to lay out some pretty big bucks, you can't cut thick steel with a plasma cutter; won't do it. You can't put a plasma cutter in the back of your pickup and go cut something out in the field; won't do it. And, it is true you need a good air compressor with an inline dryer and some relatively decent 220 volt amperage for the plasma cutter. If you just need to cut something off, an O/A is the way to go.
Now with an O/A torch you're not going to be able to slice a piece of steel in half with a smooth, burr-less edge; won't do it. With an O/A torch you're not going to be able to cut out any remotely accurate pattern in steel; won't do it. With an O/A torch you're not going to be able to cut anything if you run out of gas in either tank; won't do it. The same goes for an O/P torch.
For the most part, you actually drag a plasma cutter tip across what you're cutting using a "stand off" tip. The cost of "consumables" is far, far over stated for a plasma cutter. I can cut hundreds and hundreds of feet, if not a thousand feet, of even thick (3/4" to 1") steel without using up any "consumable" at all. If you're only going to need to cut up to 3/8" thick steel, a plasma cutter can be had without too much of a cost. If you have an air compressor, a good inline dryer can be had for well under a hundred bucks. I have a Motor Guard M-60 dryer that I bought new on eBay for $30. They don't come much better than the Motor Guards.
Using my plasma cutter, a HyperTherm 1250, I can quickly and easily cut 1/2" steel quickly and leave an almost perfect edge. Using my 18 volt DeWalt battery powered grinder I can make a quick pass or two over the edge and you cannot tell if it was sheared off or if it is a "factory" edge or not. Even being pretty darn good with my O/A, it will still take quite a bit of grinding with a 7" grinder to make a 1/2" cut look like that. Both have their places like I said earlier. I wouldn't try to use an Exacto knife to cut down a tree, and I wouldn't use an axe to cut out a coupon from the newspaper. It's more of just using the right tool for the right job. Now, if I can just get me a 100 ton ironworker in my shop, I'll be set.
