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I think it's called 'progress'
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This thread and that comment get to the heart of an issue that confronts anyone in this hobby. There are many modifications and upgrades that will make our cars safer, more reliable, better performing or easier to maintain. Yet, each such modification alters, even if only slightly, the original character of the car.
What each of us has to decide is what we want our car to be.
Safety is pretty easy and I don't think even the strictest concours judging penalizes for the basic mods such as seat belts (on cars that did not originally come with them). Beyond that it is an individual choice with no right or wrong answers.
For me, the element of unpredictability that comes with 70-year-old technology is part of the delight in maintaining and driving these cars.
For others that factor is just a pain in the butt and electronic ignitions, hi-torque starters, solid-state fuel pumps, alternator conversions, Weber carbs &/or engine swaps make sense and enable them to enjoy their cars more.
So perhaps the original question 'Is it worth it?' applies once someone has in mind what degree of originality they are willing to live with.