It doesn't run, but I haven't dug into it yet to figure out what's actually wrong with it. (First world problems: we've already got a Kitchen Aid stand mixer, so getting it working isn't particularly urgent. This bowl-lift one would be a slight upgrade from our Artisan, though.)
Still, I'm pretty sure these things are a holdover from back when things were designed for repairability instead of planned obsolescence, so I have little doubt that it's fixable for a lot less than the cost to replace it.