Oh this wasn't a "boom". This was a "slow cook". I turned it on to warm up, and then went outside to do other stuff. It certainly "warmed up".
The sludge on the board was/is vile, and the smell is pretty noxious. I didn't use gloves to take that pic, and after 3 washes I still can't get the smell off my fingers.
A "few" years ago my HP 3457a got "Schaffner'd" and left a stain on the wall and a smell that took a while to dissipate. This was much worse, and as it was 38+ degrees outside the house was closed up with the A/C on. As I was outside when it went, and the fan managed to beautifully purge the smoke into the room which was then circulated throughout the house. The "Wife Approval Factor" (WAF) on my choice of test gear was not high. Moreso when I told her I'd picked up the bits in 2017 to do the 'scope and the pair of HP 3478a meters because we didn't want that "Schaffner" smell again. You can't rush these things.
Still, an opportunity to re-cap the PSU and replace the 29 year old DS1230 NVRAMs.