Zodiac45
Paleostoveologist & Sawwhisperer
Is that the intake or exhaust side? Defo looks like a ring problem Volks-man(people-person). I really don't think it's your fault at all. That's a brand new saw, so that's the good news. I'd for sure take that oiler out and put the stocker back in. Looks to be a defect somewhere maybe a burr or ring catching/sticking on something. That's what warrentee's are for.