I'd say that's a fair assessment but there are a few tube tools out there that are still very useful, or a more modern equivalent costs and arm and a leg:One more comment on old test gear - I personally recommend avoiding old test gear with tubes. Unless you like restoring it for historical reasons.
Newer stuff is so plentiful and cheap, and usually way more accurate and reliable.
Tektronix 575 curve tracer (pretty easy to service, beleive it or not..)
old capacitor testers like the Sprague Tel-ohmike
I haven't owned one but I know some people swear by those old signal tracers which usually have tubes





