Sorry, I forgot to answer your question about the switch; no, the Makita has a toggle switch so you don't have to hold anything down for the motor to stay on. Flip the switch to the off position and the brake kicks in. Don't know how it works, but it's pretty spiffy.
BTW, does your Laguna bandsaw have a brake? My MiniMax does; you step on a pedal which kicks the motor off, then applying downward force to the pedal forces a brake shoe (like what you'd find in a car) against the inner surface of the lower wheel. I *really* like that...