My gosh that's one of the best stories I've heard in a long time. The thing that worries me is that things like this are going to me rarer and rarer - there seems to be less interest in electronics, and less electronics that can be hack-fixed like that.
I am a software engineer by degree, but also took many electrical engineering courses in uni, and I can honestly say that it is starting to make a comeback. Sparkfun, Adafruit, MAKE and many other places are starting to make it more accessible, cheaper and easy to learn. The Arduino has been a boon, providing people with a cheap but powerful microcontroller to get started.
While yes technology is getting smaller I have found that with many parts I can now easily find replacements online, I can get advice from other professionals, I can easily figure out how something works so that I can fix it. I've currently got a power supply sitting on my work bench that has a weird issue and I am slowly going through, making a net list and building a schematic with part numbers in an attempt to isolate the fault.
Maybe I am a rare breed, but seeing as how the interest at Maker Faire keeps going up, and interest in electronics also keep going up I will assume that eventually more and more people will get into experimenting in this field.
