Well, using the company's equipment to tune up your transmitter might be sort of embarrassing if you blew it up. Fancy equipment and high adventure vs a light bulb plus job security--not necessarily so obvious!
It's also surprising how useful and informative blinkenlights can be. On an old sensor of mine,
ISICL is a gizmo for finding individual particles down to about 0.1 micron diameter, floating around in plasma chambers. I was expecting a maximum rate of true counts of maybe 100 Hz, but I wanted a false alarm rate of less than one per hour.
What I wound up doing was using a voltage divider to provide two thresholds, one about 0.6 of the other. By servoing the lower threshold to provide a false alarm rate of about 5 kHz, and knowing the noise statistics, I could guarantee that the upper threshold had a FAR of 1 per hour or thereabouts, even in the presence of true count rates much higher than that. (A 100-Hz true count rate doesn't perturb the 5 kHz lower threshold by much.)
To come back to blinkenlights, I put an LM3914 driving a LED bargraph on each threshold servo.
I found that looking at the way the bargraph display flickered as a function of scan position gave me really useful early warning of laser misbehaviour and other subtle effects, so I've often used the bargraph trick since. Good medicine.
Cheers
Phil Hobbs