This is the Quasar Vintage 1981 25″ Color Console TV.
In 1981 having a remote come with a TV was a big deal. I also suppose that this TV console could double as a table to set things on. The major con would be how heavy this TV was.
If I redesigned this entertainment center, I would focus on minimizing its thickness. That way it would be much lighter to move around. It would also look more modern.
The new design keeps the vintage look. It is also much thinner which makes moving it around much easier. Also, with the tv not being as thick and having the vintage look, there could be a more diverse age range of consumers.