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We have two tankless water heaters we put in when the house was being built. I did it mostly because I didn't like the idea of having to make room for a tank heater. Also with two of us here, I didn't like the idea of keeping a large tank of water heated all the time. They've worked out great for us, although the comments about waiting for hot water, cost, etc. are valid, but you learn to live with that like anything else. If you want a decent tank heater, you are on the right track. You can't beat the brands you are considering and buying them at a plumbing outlet instead of big box. If the one you have lasted 20 years, I'd look for a similar replacement with hopefully the same quality.
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Marv Evans
'69 911E
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