I was lucky enough to snag an old Metcal from work for free, and it's fantastic. The way they work is really cool too: it sends a high power RF signal (i.e. AC voltage) to the coil in the tip. Because of the skin effect and curie point, it will heat up until the point where the coil loses it's magnetism, resulting in a self-regulating tip temperature that doesn't need a thermo couple! [1] It responds very quickly to thermal loads, too. It's an expensive system to be sure, but totally worth it especially if you can find it used. They're also great about support even for older units, and you can get the entire schematics online if you need to make any repairs.
1. https://www.metcal.com/hand-soldering/how-smartheat-technolo...