A pair of the L-1290/2 speakers were just given to me and they are in good shape. The oak cabinets are in excellent shape, but one midrange was pushed in and has what looks like shag carpet fibers on it. Perhaps it had fallen down on some carpet. I wasn't able to remove the midrange metal piece from the cabinet to try and push it out from behind, but was able to restore most of the shape of the dome by pulling with some masking tape.
I have a pair of DCM QED 1A speakers that I bought in 1985 driven by a Denon AVR-1910 receiver (90 watt x 7). My QEDs are not terribly efficient, being transmission-line technology, perhaps 86-88 db SPL, but the sound quality and dispersion continues to impress me even after shopping for a second room modern bookshelf/sub setup last year. The L-1290s are almost the same vintage as my QEDs, but cost 50% more back in the day. I was thinking of using these as rear surround speakers, but a Stereo Review of them from 1984 measured them as 4 ohm and 90 db SPL. I worry that my receiver will be able to drive them with their low impedance along with my QEDs and volume matching them since they are more efficient. I'll have to go through my receiver settings and hopefully I can adjust the rear volume separately.