All we had at the time were mechanical tachometers, not very precise and no way to connect apart from to the side of a large coupling, so I set about designing something digital and entirely electronic, using an IR head. Work it did, very well and quite precise. It cost the company around £30 for the parts for me to build it, in my spare time. That was left with the company when I moved on.
A couple of weeks ago, working on the tractor mowers governor system, that specified a tick over speed and a full engine speed. I had no obvious way to measure its speed, so I began thinking shall I build, or just see what is for sale ready to use. Laser, ready to use, with guaranteed precision, in a nice protective carry case all for £7.03 and delivery within one month - no contest ;o)
Yes, I could have measured the ignition pulse period on my 'scope, or on my Marconi counter timer, but where is the fun in that when compared to a new toy?