I wouldn't want a 50+ year old amp to be my main rig
@mdemaio Why? As long as the power supply has been properly refurbished its a pretty competent amp and also reliable. Plus it can give a decent spanking to a fair amount of new amps.
BTW in the case of the ST70 the bias rectifier should also be replaced.
You can reduce distortion by installing an adapter to allow you to use a 6GH8 as a driver tube instead of the 7199 The 6U8 is the same as a 6GH8. No other modification required.
The weakness of that amp is the 5AR4 rectifier which can't really handle two pairs of EL34s at full power. But as long as you don't push the amp hard it holds up fine.