I have a DP101 too!
You use it for generating pulses.
No, seriously. It is like a function generator, but only generates "square wave" (rectangular) pulses with a wide range of timing, duty cycle, and triggering options.
The front-panel controls are pretty self-explanatory.
I haven't had to do any repairs on mine, and it gets very close to its specification rise time of 5 ns when connected properly (50 ohms output impedance).
Here's a little video showing the use of an Interstate F43 FG to gate the pulse signal from the DP101 in an electromagnetism "propulsion" experiment.