I sent an email to Gary at Coherent Source Service inquiring if the tweeter ferrofluid will eventually need replacing as my CS1.2s age (similar to replacing the crankcase oil in a car). If so, at how many years of use.
He responded, "I don't have a complete understanding of how ferrofluid breaks down. Some old tweeters come in and the ferrofluid looks great. Other times it comes in and looks sludgy. I don't think time alone is a determinant in the breakdown of fluid, so I'm exploring whether heat or exposure to adhesives in the driver are the primary factors." Based on my serial numbers, he thinks my 1.2s were built in 1989-1990 putting my speakers to >35 years old.
I'm pretty good at DIY electronic projects. I have ordered new ferrofluid and plan on replacing it in the tweeters. If there is anyone here who has done this, I'd appreciate any advice. I'll post results of any difference in sound quality afterwards.