Legacy parts are still available from Lionel.
There are folks on the forum that will do repair work on some of these early model circuit boards. It is very rare that the critical information chips are damaged on these boards. It is usually power components that fail and those can be replaced.
I'm not sure what critical parts you are referring to about not being available in the future? I'd worry less about this and concentrate more on playing with your trains.
I agree Chuck. But for Backup Sake... Whenever I purchase a Locomotive through Lionel I ALWAYS Print out the Lionel Parts Layout Sheet on each and every one. Because they may not always be available and are sure darn handy to have on hand in case you're in the hunt for that much needed part number. I will also click on the individual Part and in-bed it in to a word processor and put it into a pdf file. That may seem like over-kill but it has saved my tail more than once. Especially if you need to talk to Lionel you can still use that old extinct part number to give that to them and they can give you another part # that will replace it. It can make life a little easier when in the struggle for that needed part. Just my casual OCD going to work for me.