Well, more than the body is reused in the Koetsu rebuild. The magnets are retained. I am not sure about the coil wires. Perhaps somebody out there knows the answer to that. I could email Melvin and ask him, I suppose.
I have never used Expert Stylus, probably because their lack of a website.
However, I have used SoundSmith on several of their top $350.00 rebuilds: Shelter 90x, Adcom SXC-VDH, and others. The characteristic sound of all those cartridges, after the rebuilds, changed. For the better? For the worse? I do not know. Just different. Perhaps better.
Based partly on those observations plus one personal experience, I would never have a Koetsu rebuilt by a 3rd party.
I bought a Koetsu RSP from an AG listing that I was well aware needed extensive rebuilding (the cantilever was severed in a TT dusting accident). I sent it to VDH through David Lewis Audio in PA (it is virtually impossible to contact VDH directly at least for me it is).
VDH does excellent work. What I got back was a superb version of a high-end VDH cartridge in a Koetsu shell. Do not misunderstand: I love VDH cartridges and at this moment I am negotiating for a Colibri XGP (X coil + Gold wires + Plastic body = XGP).
Back to the RSP VDH rebuild: I contacted Melvin to see if he could persuade Koetsu Japan to restore the RSP to its former glory. The answer eventually came back as "No."
Finally, remember if you plan to resell your Koetsu as you move up the ladder, a 3rd party rebuild has a severe negative effect upon resale value. Just check current AG listings for verification of this fact it is an observable fact.