Doug,
What you posted about the product being brand new, old stock, fresh off of the dealer's shelf and the Warranty being voided, due to the 'Ole' Time Lapse Principal B.S.', is what happened to me.
This past May I bought a Lionel U30C diesel made in 2002 , notice the year of manufacture and according to the shop owner, who sold it to me, said; "It's a BRANDEEEE NEW, never before used diesel engine."
Guess what?
That's right! There was a defect, which of course the Warranty had expired, due to the LOOOOONG ago date that the engine was made and the Warranty only covered a certain time period, which my engine was way past that Warranty covering time period and since yours truely AIN'T good at repairs, I had to rely on B.S. from the seller and my own local shop, because my shop does not want to touch something which they did not sell and that someone tried to repair same. When, I questioned the seller, he denied it. Who tried to repair the engine? Only, the Shadow knows!
Talk about long winded and long run on sentences!
Solution! They, both referred me to the Pros. at Lionel and the Lionel personnel I dealt with were very respectful to me and of my problem child.
In my opinion, I always did and still do, like Lionel products and the Lionel staff are first rate, in spite of my Warranty problem!
Ralph