[impalaman63]

What is this part called?(see arrow in photo)

What does it do?
What happens if it goes bad?

 

[Joe G]

Looks like a radio noise suppressor to me. Also known as a condenser - which is an old word for capacitor. :thumbup:

http://en.wikipedia.org/wiki/Capacitor#Noise_filters_and_snubbers

 

[75gmck25]

To answer the other part of your question - if its a noise suppressor you may get some static or clicking in your radio when this device operates.

Bruce