Circular saws vary. IMO, the price dictates quality this time. If you only need the saw for this project, look to craftsman. If you plan on using it regularly, look at milwaukee, makita or dewalt. when purchasing a blade, you want a plastic blade. If that isnt a possiblity, you want to get a good quality Combination blade. I would not recommend the "thin kerf" blades for plastic, many I have tried have too much give in the blade, resulting in an edge that isnt perfectly true.
DO NOT run the blade backwards like some people say. it causes more heat/melting, and can knock the carbide teeth off the blade.
I would not recommend sanding the edges. Unless you have an edge sander, your sanding will cause more damage that the fresh sawn edge. I would also recommend the Porter Cable 690 router. It is a great all around, well priced router.