Originally posted by DeathMonkey
I have heard from people that know quite a bit more than I that as long as the caps are used regularly, they can maintain their effectiveness for indefinite amounts of time. But if the amp sits for too long, they dry out and become faulty. So an amp from the 50's that has been used regularly could feasibly have working caps, whereas a newer amp could sit for ten years and have to have all the caps replaced.
I don't know for sure, I know caps in a lot of old amps are replaced as a precaution - my Major sat in a warehouse for 8 or so years and needed new caps, but my old Bandmaster was regularly used and still had its original caps.
Perhaps one of our resident amp gurus can clear this up.
True enough, the oil filled caps used as Filter caps, bias supply and cathode bypass caps will dry up. But the older HV "decoupling caps" and tone stack caps rarely fail because they are not oil filled, so it's not particularly common to replace them.
JS