In addition to electrolytic caps, Tweeter damping fluid or ferrofluid is the other thing that will go with time and use (dries out). Foam surrounds can wear out too. After more than 30 years your electrolytic caps are likely shot or at least out of tolerance - those in the signal path are most critical.
I'd be wary of simply assuming a $350 recap will get you back to original 70's performance. You should try to test your individual components separately A vs B against modern gear. These age related failures should be fairly obvious - night and day differences. If you find your speakers need a refurb too then the cost/benefit may steer you towards a different solution.
I'd be wary of simply assuming a $350 recap will get you back to original 70's performance. You should try to test your individual components separately A vs B against modern gear. These age related failures should be fairly obvious - night and day differences. If you find your speakers need a refurb too then the cost/benefit may steer you towards a different solution.