What brand, model, type of drive, and type of motor?
120V saw now receiving 240V?

I guess that is better tha running slow!!! lol

If it is a belt drive the belt might have jumped off the blade shaft pulley and is now running on the shaft. The motor weight will produce enough friction to spin the blade up and it will spin so fast the blade will Sing. Ask me how I know...
Hmmm, probably a direct drive universal.
I would think the only thing that would effect the speed would be if you put a lighter blade on it. But only if it had a large heavy blade on it previously.
It probably only sounds faster because of a gear whine or worn brushes. If that model has braking when shut off, it will just spin for a longer time if the brushes are worn or packed with debris.
How do you know how fast is too fast?
I have the Craftsman zipcode cab. saw -- I notice a slight speed increase when I switch between a Freud GLR blade and a Forrest WWII blade... The more expensive Forrest blade spins faster BTW --
120V saw now receiving 240V?
If it is a belt drive the belt might have jumped off the blade shaft pulley and is now running on the shaft. The motor weight will produce enough friction to spin the blade up and it will spin so fast the blade will Sing. Ask me how I know...