You will not regret changing the caps (unless you choose the wrong cap :-). Everyone has their flavor of caps, I went through a lot of them for many many year. I would suggest you pick one that you know the after break in sound characteristics. Its an incredibly lot of work (understatement) but the effort will be rewarded. I dont change resistors or anything like that as I have made sound worse doing that. Some components are better than others, upgrade is just a term for "I want something new" :-). But the IO is what I consider really one of those special pieces. I did listen to it for a long time through a mod squad line drive passive and enjoyed it. Eventually went to an audio research Ref 3. The change was significant to my ears, therefore, i chose not to upgrade with the volume controls. For this reason, I agree with a comment that I beleive Albert Porter and some other person made online, go for the unit without volume controls and put the difference elsewhere.