Here we call it chop saw I think. I have one, but I would need a special blade, the one on it now is only for wood with perpendicularly placed teeth. And even then, the heatsinks are too small to be secured properly into such a large tool. I fear on first contact the heatsink is going to fly off.
It won't go flying anywhere if you hold it (if it's big enough to do that safely!). A normal fine wood blade won't have a problem with alu.
Bad advice there about the holding. NEVER hold small objects by hand close to the blade on a dropsaw. If the object twists it can jam on the blade, after which very loud and fast things happen. Even if it happens to not pull your fingers into the blade, or hit you in the face/eye, just the very fast rotation of an object in your fingers can cause injury. The first (and last, hopefully) time I made the mistake of hand-holding a small bit of wood in a dropsaw, it impacted against the tip of my finger, pulped the flesh down the tip of the bone, and bruised all the joints of that finger. High velocity accidents - it's like being shot.
One thing to do to make cutting small objects feasible on a dropsaw, is to make a no-gap cutting base and backstop. For the base just put a sheet of old MDF or plywood across the saw stage, so there's no slot. Set the drop saw vertical stop so the blade just cuts into the MDF.
Also get a bit of scrap trued-up wood, and put it right across the back of the stage against the back stops. Clamp the new backstop and base sheets in place on both sides. Make a cut - now you have a backstop with just a thin slot the same width as the blade. You can put stuff there and either hold it with a scrap wooden push-stick, or clamp in place with other scraps of wood and G clamps. It won't move.
Apart from that, yes, fine toothed wood cutting blades work perfectly well on aluminium. Even with zero or very little set on the teeth.