I've used a reciprocating saw, jig saw, and keyhole saw. Personally, while a keyhole saw takes a little longer, I prefer to use that as it decreases the vibration. Every once in a while while using a power saw, the blade might catch on the lathe, resulting in the loss of more plaster than you want to remove. While rewiring my house, this only happened once or twice out of however many outlets I put in... but I'd rather it hadn't happened at all. (and of course, drill a hole first to start the cutting from, or even 2 holes, in opposite corners.)