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CrazyT, let me know if you have any luck. I have one from when I was a kid - worked then, not so much now (not at ALL now), even with a brand-new, untweaked beacon from Jeff Kane. There has to be a secret!
 

What sort of bulb do you have?
One of the problems with 394 beacons are the bulbs.
Replacements often don't get hot enough to generate the required air flow.
And original GE brand bulbs (#461) are not that easy to find.

I once had one of the 394 beacons, and I consider it a bad design all around.  If you're determined to run one, I recommend putting it on its own, variable, power source, so you can adjust the heat of the bulb precisely.  Too high, and the beacon head spins like a turbine.  Too low, and nothing happens at all.  If the head gets knocked out of the dimple on the bulb, it will sit directly on the bulb and in short order, you'll have a hole melted in one of the lenses (fortunately, replacement lenses are not difficult to get these days).  Any disturbance to the nearby air and the head will wobble.

I'd advise putting the 394 in a corner of your layout where there aren't likely to be any stray air currents, where none of the household animals will disturb it -- and put it on its own transformer.

Of course, the preferred solution is to buy a 494.  Lionel replaced the 394 for a reason.

 

C W Burfle posted:

 

What sort of bulb do you have? GE 461, it appears to be original, starting to get a little dark inside the glass

One of the problems with 394 beacons are the bulbs. Replacements often don't get hot enough to generate the required air flow. And original GE brand bulbs (#461) are not that easy to find.

So they sell a conversion kit, eh? I wonder if I might not buy a 494 at a show for less than the kit?

The beacons never worked well even when new. But like many have said here, it's the bulb. The Chinese made replacement bulbs don't get hot enough at 14 volts, use 16 volts. The beacon will be overly bright, but the beacon will turn. 

Also, the beacon top. Many older reproductions are too heavy. Lionel used almost aluminum foil on theirs. The newer reproductions like Train Tender sells are close. The best is to find some new originals on Ebay.

Finally where you live matters. On the sea level east coast, they will work better than higher elevations, like Denver. More air to heat.

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