Sure, but when playing with them, keep in mind they have a high voltage (sometimes up to 800v) for the heater portion of the tube.
The heater of a tube generally operates on LOW voltage (typically 6.3 VAC), although a handful of types operated directly from 117V line voltage.
The low voltage parts act like the collector, emitter, and base (or valve/gate) of a transistor.
Actually, being a voltage-operated device, a tube is more analogous to an N-channel depletion mode MOSFET than a bipolar transistor. The element correspondences would be cathode=source, grid=gate, and plate=drain. And in most tubes, the plate is anything but a "low voltage" element, operating at hundreds or even thousands of volts!
Once the base is heated up to the point that it can emit electrons internally, the various switches on the tester change the bias on the gate and allow (or stop) signal to pass through.
On a bipolar transistor, the base would be analogous to the GRID, not the heated cathode, which is the electron source. The emitter would be the equivalent to the cathode.
Most of the guys that have one (or some) of these usually clean them up and park them in some unused part of their lab/office. Sort of a novelty wall hanger.
Mine sees somewhat regular use, but I restore old radios and test gear as a hobby.
I also collect tubes themselves (mostly big transmitting types) as another aspect of the hobby.
[This message has been edited by NJwirenut (edited 08-29-2003).]