Another 745 user.  This works very well with the usual caution about the spliter.  I use a lot of 1x1 molding pieces for making recessed lattice panels but in pt wood you can only get 1x2 so i use my saw to split them and this helps a lot with spots that may be thinned out due to bark or knots.  Also allows me to carefully shave down other material for making shims and what not.