Wow that's going to be a lot of resawing! Assuming the saw (and operator) is up to it, set up right, good blade, infeed, outfeed supports, and some luck, the resawing is gong to take over 5 hours, cutting time.
96" x 3 seconds/inch = 4.8 minutes/board x 60 boards = 288 minutes (4.8 hours actual cutting time) Maybe if I had a power feeder.
Do yourself a favor and buy the 1/2" boards.
I have a band saw that would do the job, but I would, buy the 1/2" boards.
Hair loss can also be a concern. You may end up pulling your hair out trying to get the band saw to make good 8" resaw cuts !
Sometimes, it not as easy as buying a band saw and start resawing!
A lot of setup required.
Then as mentioned, you don't know what the wood will do after resawing. I once cut 1/4" x 1 1/2" strips from 2x4's for trim to cover screen staples. The day after cutting them, most were so bowed, 5 or 6 of them on the ground would make a big circle!
Of course if I was you I would also buy a table saw and band saw!