My preference would be the wetsaw, I was in a similar situation last year, for a customer. Just a tiny 6' x 5' bathroom, in a commercial building, I had to do a gut rehab in this bathroom was in rough shape, also re-designed the new bathroom for them, to include 12" x 12" ceramic tile flooring, which had to be ordered. I wanted it to look nice since it was to accomodate the new office. I had heard of the other type of cutter that you are using, but just decided to grab that $80 wet saw at Lowes, certainly did not need the $400 dollar and or up models unless I was going to do a lot of tile, even then, this one I bought really made short work of the cuts I needed, and I did not have to worry about losing material, only so many tiles in a box, special order tight schedule, they were moving into the office asap etc. Now the kicker is, I don't ever recall doing any ceramic tile work in the past, but I've always been quick to learn, so I figured it out, used top quality materials, from a reputable supply house, portland cement based ashesive, thoroughly cleaned the old concrete floor up, laid the tile out, pulled em back up, made the cuts as I went along, used the the right size fluted trowel, grouted the next day, cleaned, and applied grout sealer after the grout cured. I did not think it was difficult, it's still work, but the end product is a durable floor. That saw, although the cheap low end model, really made the difference, need to shave a little off, or make an odd cut, no problem, it collects dust now, a friend just borrowed and returned it for a small repair, wish you were closer, or I could fit it into an envelope ! I know how it is on a low budget, but if you could get your hands on one, I'd think you would like it and might not damage any material when cutting. The thing I like about this material is that properly set, it's durable, looks great and was almost a little fun to learn about and install. Not too bad for an amateur, burgundy 12" x 12" tiles, dark but matching grout, no base trim on yet, walls change color to white 1/2 way up, with a stained chair rail molding between, to match the old door and trim from the late 40's, the floor really made the room, from a neglected mechanics bathroom to something respectable, the before photo shows a really untidy old bathroom:
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