Panamax Power Conditioner: Keep or Upgrade


I have a Panamax Max 1500 Surge Protector/Power Line Conditioner which I have had in my system for approx. 15 years.
Recently I began the process of upgrading parts of my system. Wondering if I should replace the Panamax due to its age and the advancement in technologies over the time period?
Any recommendations on this?
I am looking for thoughts and feedback on whether the Panamax is still serviceable, especially from those that have experience of this model, or maybe look at other parts of my system?
Thoughts on the Panamax and if majority feel it’s time for an updated model, please let me have some recommendations. Budget to mid-range price ranges. Would like to keep it, as we all would, the best bang for the buck!
Not going to outline the rest of my system, so I get feedback just on this power conditioner question. Especially because it is the oldest piece in my system.
Thanks for all comments and thoughts!
Big E
ianhorseman
Environmental Potentials EP-2050

@tvad - it doesn't shunt to ground? Interesting, I've been installing lightening protection on oilfield devices recently, and they use heat from a surge to open a circuit to shunt to ground, using pretty heavy gauge wire.

This uses 14AWG, still reasonable amp and voltage handling, but doesn't shunt energy to ground (not even a distinct ground with different potential?). If it's not redirecting it, is it converting the energy?
Okay, you got me fascinated.

Anyone who thinks anything will handle a direct lightning strike is dreaming..
Unless your nuts enough to try this bad boy out >
https://inhabitat.com/lightning-proof-bolt-tents-will-keep-you-safe-in-a-storm/

@ieales - kidding, I'm with you regarding lightening. And no, I don't have that crazy tent.
I tried the iFi Ac Purifier and didn't like it. It had a negative effect on the dynamics of my system so I gave it away. I never tried the power station. I know it has an AC Purifier built in so I  think it would have the same effect. However. it might work in some systems, just not in mine. If you decide to try it, you would want to check out the return policy.
Anyone who thinks anything will handle a direct lightning strike is dreaming..

Very few surge damages are caused by direct lightning strikes. In this case you probably have a fire on the side of your house, and losing an amp is the least of your concerns.

There's a lot of damaging surges, caused by lightning or accidents or power company switching, which can be dealt with by surge suppressors pretty effectively.  Around here it is simply impossible to unplug things when lightning might be near by.  Storms can roll in suddenly when I am away from home and a lot of my equipment isn't audio but work related.  The usual network and computer infrastructure a remote worker needs.

From a personal perspective a couple of times when I've had my Furman with LiFT and SMP out of the loop I noticed it.  Things were better with it in.