@slaw - yep, I took a bit of a chance, knowing the speakers had some damage. But I spent a little time doing some diagnosis, re-glued a woofer surround on one speaker and got the tweeter repaired on the other. Of course, removing and re-installing the socks takes a bit of time too. Anyway, ended up with a fine pair of fully functional, cosmetically near-perfect Vandy 3's for not very much money invested. I'm listing to them now and they are a fine sounding speaker. Not the ultimate in detail retreival (in my room with minimal time spent setting them up), but very musical and easy to listen to for hours at a time.
The folks at Vandy were "the best" to deal with regarding repairing the tweeter. They provide excellent instructions regarding how to remove the socks, test the speakers, remove the drivers, etc. They also provide instructions regarding re-installing the driver, soldering the cables to the lugs on the driver and even taped a length of solder on the enclosed instruction sheet. It could not have been a better experience. Well done Richard and Company.....