Hmmm... Beware of generalizing and be sure to compare apples to apples. Some lower-end Burleys from the era (early-mid '90s) were pretty crude and nowhere near as nice as the Treks. Also, for a clydesdale team, the Trek's 1 1/4" fork steerer might be a better choice than the 1" steerer on some Cannondales of that vintage [I do not know when C'dale switched to 1 1/8" steerers].
Wheels were the achilles heel of the early T200. If the bike you are looking at has OE rims, at the very least have them tensioned and trued by a competent mechanic before putting them back into service. The early rims were not very durable, but (IMO) under-tensioning was the primary reason so many owners had trouble so early.
I enjoyed captaining a 1992 T200 for many miles. Although nowhere near as nice as a brand-new 2009 tandem, it was no slouch in its day. Trek benchmarked the contemporary Santana design when they developed the frame. A teammate and I rode my bike to a silver medal in the Master's Nationals 90+ RR at Santa Rosa (1995, I believe; the dated medal is at home). I'm confident that there were several more exotic bikes behind us at the finish.