ya know, I work with computers for a living (who doesn't these days I guess). So I shouldn't be surprised about this failure conversation. But I have to get my thinking right on these trains. They are wonderfully detailed and the operation is more fun than the simple old Lionels of my youth. But for our family, the trains have always been family heirlooms. I have my dad's old tinplate...one of them celebrated 90 years of Christmas tree lapping last year. some occassional resoldering, rewiring, maybe (maybe) a replaced part due to miles of wear. But my Dad passed his on to me and I passed trains on to my kids and my grandkids love coming over for the holidays and we play together on the floor around the tree. That's 4 incredible generations of service. With the fancy new computer rigs... I'm seeing that I should expect dead rigs in a decade and maybe no one around to repair? or costs that are pretty prohibitive. Don't get me wrong, I'm glad I've got the 3 different rigs that I do..but a bettin man would find me trying to reto fit old school motor without any computer stuff to salvage running engines 20 years from now. The rolling stock (I am almost all passenger cars guy) will live long and prosper...but I don't know that I'll have the appetite to spend $250-$300 to "repair" a MTH engine that I've bought used for similar money. I'm not being negative.. I just was a giddy kid (at age 62-65) when I saw these beautifully detailed, scale premier engines and loved that they make cool sounds... I grabbed a few.. PS1 and PS2 without a thought about computer failure...so, my bad, but I'll enjoy em while they last.
First of all, there is no way to know how long the 'computerized' engines will last, people have them run for 20 years or more. Parts can be a problem, the old postwar engines have a ton of replacement parts out there, that is true. With MTH there are ps 2 and ps 3 boards available it sounds like, there is a ps 3 upgrade kit. On the Lionel side of the house there can be problems, but ERR is still there, even though it is only TMCC level (it is too bad that Lionel didn't think to solve the problem with their legacy units dying and parts not being available, by licensing Legacy level to ERR).
The other thing is the computer controlled engine will never become totally a brick. You can always put an electronic reversing board it in and have the ability to basically run a post war engine (won't have the sound, smoke, etc) if somehow err disappears or MTH no longer offers an upgrade kit.
The postwar engines simply were beasts, relatively simple and relatively simple to fix, and the parts were common across a wide range of engines, which is great. The modern engines have amazing features but have limitations with the complexity they have. The way I look at it, I would enjoy the engine for the time I have with it, if it dies and I can't fix it, I had the fun of using it all those years. It is frustrating, but a lot of expensive things are like this, modern appliances die after the warranty runs out and parts are often not available. I have a Kohler tub (never again) that they discontinued the model about 5 years after I installed it, and you can't get basic parts for it like the faucet base (it is a whirlpool tub), and their answer was "We discontinued it, what did you expect?"..well, you don't generally replace bath tubs every 5 years, I would think for something like tubs they would maintain parts inventory for a while, but they don't.