I have been using the old tech panoptix for a few years now. On the ice and on boat. My ice rig is a 92 echomap chirp. Paired with a PS 22 panoptix transducer.
I used a leaky 5-gallon bucket as my unit mount. fabricated my own deployment gizmo for the PS 22. All together have just south of a thousand dollars. Used money I saved to invest in 20AH lithium battery.
As far as finding fish I can’t see the livescope being any better. Granted it is a prettier picture. I base this on head to head comparison on trip last winter.
If you can afford @ 1K . Incorporating the older panoptix into your ice fishing will make your finding fish on the ice a lot faster and easier. Just make sure to get the PS22 as it will read both down and forward.