This is an oscilloscope, just not a general-purpose scope.
It is a combination waveform monitor and vectorscope, used for monitoring and analyzing composite video signals in broadcast applications. The 1751 is intended for use with the PAL video standard.
The waveform monitor mode is closest to a standard oscilloscope, in that it displays voltage in the vertical axis, and time on the horizontal. But the horizontal sweep speeds are limited to 4 choices, to display 1 or 2 fields, or 1 or 2 lines of the video signal. The vertical amplifier will also have various filters to pass or remove various components of the signal (luma, chroma, burst) for detailed examination of various aspects of the overall signal. Used for setting gain, pedestal, clipping levels, etc. The triggering system is designed to allow you to look at any one of the scan lines individually, so you can check for specific lines during the vertical interval which are used for special functions (timecode, closed captioning, teletext, VIR color correction, etc.).
The vectorscope mode is used solely for looking at the chroma portion of a video signal, and gives a polar coordinate plot of the chrominance signal, with the circular position giving the phase angle (hue), and the distance from the center of the screen giving the intensity (saturation). Very useful for setting up color balance on cameras, etc, when used with a test chart, or checking phase shifts, etc. when used with a test pattern generator.
Great stuff if you play around with analog PAL video gear, but not terribly useful otherwise, I'm afraid.