I used to have a 54501A (100MHz with 20MSa/s ADCs.) The 54502A is similar.
Main issues:
- It's dog slow to do anything more than viewing waveforms. Turning on line mode makes the display update <5Hz. Dot mode is 60Hz so not bad. Math functions are slow. Autoscale is slow.
- Waveform memory is one screen worth, about 512 points, pretty limited.
- The calibration memory is backed by a lithium battery which tends to fail after 15-20 years. After this fails the oscilloscope will work, but will always display "calibration failed" until it is recal'd.
- My unit had a fault which caused the trace to drift up the screen over about 30 seconds, then the oscilloscope would reset itself or just spin the fan with a frozen/blank display. I traced it down to a cold solder joint on the -12V output of the PSU causing that rail to drop out under certain conditions. Not too bad after 20 years though.
- Pre trigger is very limited only about 4 wave memories (2k points); post trigger virtually unlimited though it tends to jitter badly beyond about 1000 memories post trigger.
- No knobs, all digital entry with one encoder. After a while though you get used to it. Maybe not as quick to adjust things but reasonably fast.
Advantages:
- Powers up in <2sec, CRT takes longer to warm up.
- When used like an analog scope is very good.
- I think the only custom IC is the timing/control IC, which is unlikely to fail (it's not on the analog front end); the front end on the 54501A is implemented with discrete parts and high speed DIP opamps from Linear Tech so likely to be repairable.
- It's built like a nuclear bunker and would probably survive the nuclear holocaust too. All the ROMs are socketed. The power supply is a switch mode power supply and is very well made.