I've used a circ saw (skill saw) to cut circles before. Nothing as tight as a 10" diameter, though. You have to set the blade no more than half way deep for the first pass, then all the way through on the second. The width of the cut ends up being wider than the kerf of your blade, so keep that in mind depending on if you want to keep the outside of the cut(for a hole cutout) or the inside of the cut(for like an outside radius). Also, they just came out with a special radius cut circ saw blade, but I've never tried it. Still, for speaker installs, I wouldn't recomend it. A router or jig is much easier and more precise.