Hiya Scott,
The edges will be blackened and have loose residue on them, the fumes are also pretty nasty to boot.
Yes it can be done and 150 watt will do it quite quickly but quality will be second best.
Lasers of sufficient power will cut pretty much anything (there is no physical limit to the amount of power a laser beam (ergo ABL etc) can reach) but that doesn't always mean it's a good idea
The speed of 9 is 9mm per second so around 3/8ths of an Inch for you US guys
Going from 80 watts to 150 watts will only increase the speed by around 50% so you will be looking at around speed 14 - 15 for a 150watt laser compared to an 80 watt running at a speed of 9mm per second. Not forgetting that 150 watt pipe will generate LOTS of Carbon / Smoke and Carbon as we all well know sucks up radiation like a sponge
My honest opinion? I'd go with more development on your router rather than spend the bucks on a laser.
best wishes
Dave