Dave, this multimeter is NOT ugly! I'd argue precisely the opposite.
Today, robots make everything. You could say cheap Chinese 5$ DMMs are all "beautiful" compared to this. But they're not! They're just more aestetically pleasing. A factory spits out thousands of these in an hour.
Whereas this old Iskra (which means "Spark") is a true work of art. A great deal of thought went into this thing. How to divide these circuits for best performance, how to miniaturize all these discrete circuits... If you tried to make a better multimeter using the same tools today, I don't think you'd do a lot better.
Artisans made this multimeter.
If you replace the old 555 with a lower current device, and use more efficient LEDs for the display, you'd cut down the current consumption by at least one order of magnitude. It would be pretty usable!