XY diagrams are useful for component tests, curve tracing and displaying hysteresis loops, compound and amplitude-modulated oscillations and also passband curves of filters, amplifiers, resonant circuits etc. in addition to the FRA, which ends at 100 MHz on the MXO4.
With a V/I tracker like the Tektronix TR 210 and its Chinese counterparts you can do power off troubleshooting of electronic circuits by using the technique of Analog Signature Analysis.
(e.g. see also Hameg 203-5 or HZ-65)
It would be great if in an upcoming firmware release the XYZ brightness control (also called Z-Blanking) would come back, as it is still present on the RTC1000 and also hidden on the RTB2000.
Practical, for example, for blanking the connecting lines in IQ Constallation Diagrams and some other applications.