This year we finally decided to do something about it, partly because we had the cash and partly because of fear the old one would die in the middle of our 110+ degree summers.
I did all sorts of financial analysis. It was certainly best financially in the long term to keep the old unit as long as possible, since it takes 7-10 years or more (depending on the unit) to recover the cost of the unit in electrical bill savings.
We eventually decided to commit. My wife signed the papers while I was away on business and the new unit was installed also while I was away on business.
It is worth the peace of mind so we made the right choice.
Here are some pictures of the old unit being removed and the new unit in it's proper place:
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