

I think the pine hobby panels will be fine structurally. I think you mean the ones that are a bunch of smaller pieces glued together. In using these I have found not all the glue joints are great, though.
But, I suspect its the glue in the plywood that might damage the saw. Glued up hobby panels will likely act the same.
Might want to pick up a cheap crosscut saw / general carpentry saw for utility cutting and save the nice pull saw four detail work.
Hired!