do they just pop for no reason on occaision or is there a strong possibility of a dead short somewhere?
After 50 years....yes, they can go with no warning. Have had it happen. Just splice an in line fuse in there and have a handful of
20 amp fuses handy. I had an alternator short out inside and take out my original fusible link last year. To find it, I unplugged all the bulkhead connections and plugged them in one at a time. The in line fuse and several fuses quickly found the culprit.
So, sometimes the link finally fails and sometimes something takes it out.
IF that is even the problem. But what else can shut down the entire electrical system like that?