5. as a dummy vs LCR-meters, when I see 5MHz MAX, my brain struggles to find how usefull such a tool can be when I deal with signals far above 100MHz...
Is this Hoiki relevant vs trace Z measurements when the signal is so far away from the "5MHz max" ?
5Mhz test frequency is already very high compared to the usual LCR meters.
Of course, components that are used in the “right” RF range, these 5Mhz seem too low.
But that doesn't have to be the case, with 5Mhz you can definitely capture values in the nH/lower pF range.
What you can't capture is the self-resonance of the components.
If the component is known from the data sheet, you can confirm its value or check whether it still has this value.
It becomes more difficult when measuring unknown components.
Not in terms of the actual value, since a high-quality device like the Hioki is helpful, with its rather high measuring frequency.
If the data sheet is missing, however, you don't know the self-resonance frequency and usually can't capture it with a measuring frequency of up to 5Mhz.
That's a bit of a showstopper, but you need a VNA to avoid unpleasant surprises when you're repairing/creating a high-frequency circuit with unknown components.