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I worked for Magnavox service in the 1980s, and worked on many of these sets. There were tons in daily use in my area. They are no more or less problematic than any RCA or Zenith of the era. I will say though, they produce a superior color picture when serviced correctly. The stereos sounded amazing, and the record changers were the finest made. I never played my records on anything but a Micromatic, and they're as good as new. I see your set has remote too, and those are easily made operational by just replacing all of the elctrolytic caps in the remote chassis. It also looks like yours is the 704040 remote chassis, which included an auto off feature. It would shut the unit down after the TV station it was tuned to left the air for the night.
If I can be of any assistance, please contact me.
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