Unless you're going to be doing 'proper' development work, for home 'hobby' use and general maintenance, I have a lot of time for older analogue instruments from various manufacturers.
My own workshop has signal generators from Levell and Ferrograph, metering from Levell and Ferrograph, 'scope from Hitachi, RF generator from Boomton Radio, and various analogue and digital multimeters.
I can measure down to 0.01% distortion (ish) which I see as quite good enough to judge whether the device is OK or faulty, whatever the spec may say. Ditto with frequency response up to 100kHz, and noise down to -100dBu. I also use a PC with REW, ARTA, RMAA on it which gives me FFT capabilities the analogue instruments don't, but then they give me a visual of the distortion residual which an FFT won't.
Equipping a home workshop with instruments such as I have will probably only cost a few hundred £$€ from eBay, and as long as the instrument works, it's usually Good Enough for the purpose.
Clearly, if I were a manufacturer or reviewer, then my instrumentation would have to be rather better and regularly calibrated as I would be verifying manufacturers' claims or indeed my own claims, so would need to be unimpeachable, but for home use, I don't see an issue with uncalibrated equipment as long as it works well and consistently.
S