The CW-80 is a good unit. The variable accessory posts are great to have. The ZW-style throttle is very nice in my opinion. I'll second the offer to pay shipping if anyone wants to declutter their home of unwanted CW-80s.
I have several CW-80s and have put several CW-80s back in to service.
The most common failure is the cheap sleeve bearing fan getting loud. Buy a $6 40mmx40mmx10mm ball bearing fan and problem solved. I've never had to re-replace a fan in one where I've replaced the original fan. There is a fuse in the power wire inside the case - not friendly to user replacement. If it blows, the unit appears dead. You can replace it with an in-line fuse, or a self resetting PTC. It is rare for the fuse to blow.
The short detection is much quicker than a standard 5amp breaker. It is not a PH-180, but it is quick enough. I'm much more comfortable with it than any of the post war lionel arc welders.
The CW-80 does not have a transorb or TVS. These are pennies per pile from digikey or ebay. I would add one across the outputs if running an engine with modern electronics. For post-war engines a TVS is not necessary.
For conventional control, the chopped sine-wave usually gives better slow speed control than a pure sine wave transformer. Some MTH engines, particularly PS1, do not do well with chopped sine wave conventional control. At full throttle the CW-80s waveform is real close to sine wave - running command engines of any manufacturer is no problem.
If the electronics in the CW-80 do go belly up for some reason, the iron core is good for a pure sine wave 18v at 10amps.
Andy