Please bear with me, I'm trying to play catch-up on 30 years of absence from the flying community.
Last time I was at the controls of an airplane, RNAV computers using VOR and DME inputs were the latest and greatest. The FAA was considering thinking about the possibility of maybe looking into using those new-fangled gadgets for en-route, point-to-point IFR navigation . As far as I know, LORAN had military and maritime applications, but no general aviation application. GPS was little more than a gleam in some research professor's eye.
Looking at the classifieds with the thought of becoming an aircraft owner, I see LORAN listed in the on-board avionics in many of them. As I understand it, the Coast Guard turned off the LORAN transmitters this past February. Am I missing something, or are the LORAN receivers in these aircraft just so much dead weight, good for door stops, boat anchors, and conversation pieces, but little else. Looks to me like the presence of LORAN receivers in a GA aircraft would be a negative. Or do they still have some utility?