Where you've found and esr meter at 20-30$?
On Ebay...
Well, this needs to get checked out, doesn't it?
I've ordered one. My guess is that it probably won't be the most accurate, and the build-quality and reliability probably won't be perfect, it might not last as long as some other products, but it *does* look interesting for hobby/learning.
Note that some ESR-testers claim to be able to test ESR in-circuit, and that would be a significant advantage for repair-work.
With the meter, I'm thinking you'll need to actually de-solder the caps to test them, and at that point you would probably solder in a new one anyway. In other words; Without testing them in-circuit, it's a matter of "replace all the caps", and this meter doesn't really change that.
tld