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Reading this post I have a very similar problem. I have also got a very old Junkers instant heater which has been fine since we moved in (18 months ago). Yesterday, the hot water suddenly cut out and upon investigation everything appeared normal (pilot light still lit and flame heating the pipes). I rang a plumber to fix the problem but after 1 hour (and $180) of testing the pipes ect. he merely recommended contract him to replace the unit. His only explanation was that the controller that limits the flame level must have broken somehow, meaning the flame no longer had sufficient power to heat the water. As a student I immediately baulked at his range of ($2000-4000) to install a new unit. Is there any other avenue I could exhaust, is repair possible (worthwhile financially?), and is his quoted price for a new unit fair?