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I know that I am a little late to the party. But I too support building the kit and with new capacitors as mentioned above. I recently acquired an NOS Knight-Kit oscilloscope kit and I am in the process of building it. I have found my capacitors to all be still good. (The kit is from 1966 and most likely the tubular capacitors are Mylar). Resistors are mostly drifted high however. They are replaced.
If you intend to build it, keep us posted and we love pictures!
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