Well, thanks to all the responses pointing me toward on-line sources for either speaker/driver repairs or replacement surrounds. After considering shipping costs, repair and materials fees, etc, I opted for a first-pass DIY approach, as I am a bit of a hobbyist and have quite an array of tools, what-have-you to do the necessary remove/refit of new rubber surrounds. Went on-line to SimplySpeakers.com, ordered two repair kits (four surrounds and adhesive) for 6.5in B&W cones. Removed the perished original grey rubber surrounds, cleaned cones, then followed directions to correctly place and glue up new rubber. Everything went smoothly, then connected up speakers to some old vintage gear (Carver) with existing Monster cables, just for initial evaluation...WHOA! bass is back, with a vengeance! Put on some bass-heavy tunes, can't believe the difference...complete restoration of dynamic, full-range response, w/o any optimisation. Also nulled out tone controls, and ran speakers at moderate volume with a ton of Trentemoller to really work the woofers/mid-range drivers. Seems as though sound improved after a couple of hours, then leveled out. Whatever, I'm so pleased that the CM-4s, as Lazarus, have arisen from the dead! Will be relocating back to HT room, pairing with sub for some cracking LFE.
Now, about those cable evaluations...(?)