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You might be able to use it as a signal booster to improve the digital-only reception we have now. But--unless it does a clean job of it--I strongly doubt it will work.
You may have isolated the true obsolete bit of electronics here; old TVs can use converters, VCRs, DVD units, DVR, units, etc, etc... And not need a booster a-tall!
BTW, these boosters in my memory never did much except to give the snowy picture more contrast in most cases.
In some cases it may work....But I'm not reaching for my wallet on it...sorry to say....
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