I inspect FP panels almost on a daily biases and If I must say so I am dam good at it practice makes perfect.
Here is an example of a bad one found recently. I do not condemn just based on the name Federal Pacific I judge each panel independently.
This panel was inspected in January by another inspector and he just condemned based on the name which in turned brought out the electrical contractor who inspected it again and put in writing the panel was just fine.
These first two inspections were brought about as the result of a re-location company purchasing the property my inspection was for a perspective buyer. I load tested the panel with in house circuits and built in appliances and exceeded the 80% rule again. The top left breaker was for the cook stove rated at 50 amps the cook stove drew 49 amps and tripped the breaker but by looking at the breaker could not tell it was tripped. So after 3 inspection this home appears to be getting a updated panel.
My client was very happy and after speaking with the selling RE agent I could tell by the sound of her voice which was very quite she was not to happy with the outcome. How do I know this just from the tone of her voice I have been sleeping with her for almost 43 years yes all is disclosed up front and on the table:D:D:D