The TDS2012 is a very similar scope and it has a colour display. I've had mine for about 12 years and I do still use it a lot. As long as you are aware of its limitations it can be a nice basic scope.
For me, the TDS2012 is at its best when doing simple MCU based work. It is totally silent, takes up very little room can be easily moved around and the user interface is fairly intuitive.
So if you like working/concentrating in a quiet workroom when programming/debugging something like a simple AVR/PIC project then this scope is a good choice. No distracting fan noise! However, don't expect too much in terms of record length as it only offers 2.5K samples per channel here. This is OK for capturing short bursts of serial data but hopeless if you want to capture a long stream of data. I would use a PC and an external hardware decoder to capture/decode longer streams anyway.
We still have dozens and dozens of of the TDS20xx scope at work and they are ideal for simple tasks where you just need a scope for a few basic checks. So I still see them being used on a lot of benches in preference to bigger, more capable scopes.