I also have an MS250 and have a similar desire for a bigger saw. My issue power to weight ratio, I don't want to carry around a heavier saw just to get a little more power.
The MS290 is about 27% more powerful than yours, but is also 30% heavier. I don't think reliability is a problem, but if you are only cutting 12" logs do you really want to lug around that much more weight?
If you are happy with the MS250, consider an MS260. It costs about $520, as compared to $360 for the MS290. The MS260 is a professional grade saw with 6% more power than the MS250, but no more weight. An MS362 might not be a bad choice either if $660 doesn't scare you away. It has 53% more power than your current saw for only 30% more weight.
The conclusion I came to, was that unless I get a good deal on a used saw it wasn't worth the money to upgrade.
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