Thank you to all who have responded, your genuine advice and sincerity is appreciated, particularly 'saturation', 'alm' and 'vlf3'.
Thank you Zad for your encouraging words. I suppose that after 30 years tinkering with electronics I don't consider myself a beginner or inexperienced, but without doubt I'm nowhere near your stratospheric levels of advancement . My life is so busy I have never been afforded the time chasing equipment of updating my current basic equipment that works (sort of) .... until now.
As I move into my new office and workshop I have been afforded the opportunity to update all my equipment. Thankfully my current financial situation allows me the luxury of choosing whatever I want, though I consider the outcomes of my research quite conservative.
I think Zad thought I was buying a Rohde & Schwarz and yes that was a possibility but I thought it was a bit too shiny, but well within my financial means. I love the condescending chuckle of people who have got by on scant equipment and consider they have earned their right of passage because of that ..... until this point in my life I have done electronics with basically nothing, in fact I just sold my Tektronix 502A on ebay for $14, and it still worked .... poorly.
I consider myself very lucky, I recently retired and received a large financial payout, even luckier was my wife being a share winner in LOTTO, equipment prices are not an issue, believe me, I have 3,850,000 ways to choose electronic test equipment..... how lucky am I, my budget for the fit out was $50,000, though I think I will do it for $10,000 to $15,000.
For those who have offered genuine advice it has been appreciated and given me more research and more options, sadly for all us capitalists we have to make a decision on too many choices.
Agilent has become my choice for both an oscilloscope and function generator. I have committed to a new MSOX2012A. I have gone this path as they seem to be the name and have an incredible presence in the market place.
On a humorous note, my power supply of choice has been a wooden MDF box containing four transformers and various taps. It works fine, though I'm currently in jaw dropping mode considering all the current ranges out there, they do so many things, do they also do 'Voltage' and 'Current'?
My soldering station ... sorry iron is an old rotring iron ..... and yes I can do just as good a job as many of these new hot shot units. I have not been in the market for new gear for 15+ years, these times are very interesting. I doubt that I will ever be getting into surface mounting etc so a Hakko station seems to be the way to go, thanks for that advice.
I hope my new shiny equipment will work as well as my old unshiny equipment. That old unshiny equipment has allowed me to work in AM/FM radio, Micro controllers uC, PICS, EPROM programming, Assembler programming (despite Dave's rave it's an old skill that allows very clean fast processing), C++ programming, PLC's, Radio Controlled Helicopter equipment, CPU decoding, designed and built three Audio amplifiers over the last five years, Cad Eagle. Sorry Zad I didn't quite hear what you have done, I note your hero status is based on lots of posts ...... tell me about your elevated status in the electronics community .....ZAD
Sorry Zad, did I also mention that I also have a PhD in Applied Mathematics (UNSW), degrees in Plasma Physics (Syd Uni) and Electrical Engineering (Syd Uni) ........I shouldn't really, but I have to laugh at all the those (sorry .... some of those) experts that do lots of posts, so thats what makes them an expert ..... mmmm ...... bugger I only have five posts