My 220VS is about 40 years old .. I just spent 50 bucks - got a new blade holder and blower tube for it and a few other incidentals.
Have not put on the new blade holder yet. Need a pin pusher for that. I don't want to bang on it with a punch, though, it may be strong enough for that, don't want to chance bending anything. It was flawless before the new stuff - and - still is.
Changing blades is a snap - and - the tension adjustment? Just go by the "clock" .. it's never been wrong. There's no setting for the PEGAS 2/0 MGT's though - you have to figure it out .. and .. may break a few blades doing it. But - when you get it .. just write it down and you won't break another one.
Have fun .. so JEALOUS .. and band saw? I have the BIG POWERMATIC - and the same little RYOBI that you have .. those little Ryobi's, got mine almost new for 20 bucks, are great for what they are. There's a little delta on Craigslist for 20 bucks now - so - I might have another one. 1/8" - and 3/16" blades so I don't have to change. hahahahaha. I'm sooooooo OCD .. hahahahhaha .. I love tools.