I made blade holders for my cheap saw using worktop fixing bolts. If you have access to a welding set it is fairly easy. The fixing bolts consist of a 6mm threaded bar, two sliding clamp attachments and an extended 6mm nut.
Just take the extended nut and weld it onto one of the sliding clamp fixings. The nut sits on the end in the correct orientation, if you play about with it it becomes apparent where and how to fix it. Use a hacksaw to cut a groove in the nut, this is the groove the blade sits in. The grove must travel from the outer edge of the nut to the back of the tapped thread. Screw the 6mm threaded bar into one side of the nut and ensure that the bar stops in line with the groove (I left the hacksaw blade in the groove to act as a stop); this will be the fixed stop for the blade to be clamped against. Be sure to work out which side the stop needs to be on. Cut the bar flush and weld it in place. Now you dig around your workshop looking for any 6mm threaded knobs to use as the clamp on the opposite side of the nut. I found loads, from unused router attachments or other jigs/accessories. Remove the pin blade holders from the saw and fix your two new holders top and bottom and hey presto you have reasonably quick pinless blade holders. They work fine for me anyway. Took me about 2 hours to make, they are not particularly pretty, but work very well and cost peanuts.
Apologies for the duff description, but it is really difficult to describe what is easy to visualise inside my head, LOL. I will try and attach a couple of photos.
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