WOULD IT BE DUMB TO BUY A MARK LEVINSON NO 23.5


This amp is probably 30 years old. There is one I can grab for 2500 bucks. Good buy? Too old? What do you goners think? 
jeffvegas
+1 on minorl’s comments. I have a 27, and Meyer quoted $2k+ to recap and update the boards with some parts replacements they would not describe. I decided to recap the amp myself, and waited over 3 months for a new run of capacitors to be manufactured. I replaced every electrolytic in the amp, as well as some slightly burned resistors, and as it happened, every output transistor, because 30% of them were substantially out of spec. Rather than just replace that 30% and try to match the new ones to the 30+-year old outputs, I replaced them all.
Schematics for the 27, 27.5, and 23.5 are out there, but adjustment procedures are not well documented and because of the complicated design, are not similar to many other amp designs. It was the most difficult, and least enjoyable amp that I’ve worked on because of the complicated design and construction.
Before the recap and parts replacement, I was really disappointed with the amp, and would have agreed with the negative comments here about the amp performance. At 100 wpc, it was not as powerful as my others (I have 8), but it lacked dynamics and definition. After all of my work, the amp sounds incredible. Working properly, these are wonderful amps, just a bear to work on and expensive to have work done by qualified Levinson techs.Have fun with your 23.5, but my recommendation would be to have the work done sooner than later to reduce chances for failures that could be even more costly, and I think you will then want to keep the amp for a very long time.
I am looking for another 23.5 to purchase so I have spare parts or if this one blows and cant get fixed I have a backup. 2500 bucks is nothing nowadays for an amp. This amp is seriously good for a 30 year old design. My neighbor was intrigued with the sound and somewhat shocked that it could sound as good as it did. He had to being his D'AGOSTINO MOMENTUM over to bring me back down to earth but I am still happy with my purchase and I didnt have to spend 200 grand for an amp. 
Recently picked up a 23.5 in mint shape and IMHO it is more musical and more engaging than my old ML gear. Had the 33, 33h and the 335 which sounded clinical after trying out the ASR Emitter. The 23.5 is still singing and is a keeper.

I read this thread with a lot of interest and appreciated all of the responses, even the naysayers.  I bought a 23.5 last Fall as part of the system I put together that was purposely vintage 90's gear (380s preamp, 360s dac, 37 transport).  My goal was nostalgia for when I worked at a high end store during 1994 and 1995 in high school and couldn't afford this stuff.  My other goals were sound quality and build quality.  Although I didn't cross compare other gear like Krell and Classe (i knew from the get-go that i was seeking out vintage Levibson gear) I have still been very impressed and satisfied with my investment.  Jeff congrats on getting your 23.5 and it is great to hear your impressions so far.  Like you I will also be planning a tune up and electronic component work on mine and you know what, I'm fine with that.  It is worth keeping going another 20-30 years with a $2k or so investment.

The question is, what will I use for an amp while my 23.5 is out for repair?  Maybe I'll buy something else that I can use for a while but still easily resell.
I am so into this vintage thing now that I have heard what this old 23.5 can do.  Just got done with a 3 hr listen and let me tell you I am now a Mark Levinson fanboy. If they built a amp to last 30 years and STILL sound good then this must be one of the greatest amps of all time.   I am looking for a Mark Levinson preamp to match this 23.5 and I have located at 360s and 37 transport for super cheap. I see a place has a no 38s preamp for 2500 bucks so I think I am going to snag it. What's next? Vintage Krell stack? 400cx amp with a KCT preamp?  KSA 80 with a KSL?  THEY DONT MAKE EM LIKE THIS ANYMORE BOYS!! Well, they do. It's just SUPER EXPENSIVE.