Well, I tried to analyse the same orange/grey Elna question because I'm preparing the complete revamp of a 1972 kenwood KA-2002A that I happily own for 10 years now, but the sound is getting blurry. As a sort of back-up, I purchased a second one some weeks ago (because it was for sale for the right price and they are rarely on sale), and I also bought their 1970-1972 predecessor KA-2002.
Please do read through the end, concerning chemicals inside the grey ones.
First surprise: my old KA-2002A has orange and light grey Elna's (the power supply cap is also grey). However, the recently bought KA-2002A and older KA-2002 have only light grey caps (which may drive your conclusion already), see pics attached.
Ok, I thought, serious investigation required, let's list which function each cap has in the orange/grey cap case. Two findings which don't make sense compared to each other:
1) The orange ones and grey ones have no "limited" or "special" application: each color is used for any function (signal path, rail decoupling, emitter decoupling, etc).
2) Funny enough, the colours are consistant in each channel, which would make one believe that the color does matter, but as said: both colors are equally used in any application.
Another surprising finding: the power supply filter cap (2200uF/50V):
- in one of the 1972 KA-2002A and in the 1970 KA-2002: both grey and big : 36 diam x 52 high
- in another 1972 KA-2002A: same CV value, but half the size !
In all cases they are original parts, because they have a clamp fixed on the chassis and soldering is untouched
Further investigation learned that both colors are used in same values (e.g. 10uF/25V) and have identical dimensions.
The printing is also identical, accept for one detail: the grey ones have printed on them "CE(W)". Then, some weeks ago I was looking for info on this code on the web when I stumbled on...... a document from the Australian Environmental Authorities listing all caps which have been identifed containing PCBs.... ooops, carefull with these babies when removing and notably when leaking. Wash your hands well..... and deposit them as one should...... This is by the way confirmed by Elna on their website, which also says (if I remember well) that all caps made after 1972 do not contain PCBs anymore.
Et voila, this could be the explanation: Elna ended the production of the grey caps around the time my amps were built, being replaced by the orange caps to make the distinction they did not contain PCBs anymore; of course the old stocks take a couple of years to disappear in electronics being manufactured around that date.
my personal view if you want to maintain the initial design of the amp:
- use Elna to replace Elna if you want to maintain vintage state
- the power supply buffer cap will be replaced by the Elna Tonerex series (LAO, LPO, labellad "Elna for Audio" specially build for this purpose), but the overall dimension for same value have significantly improved, hence my old 2200uF/50V is replaced by 6800uF/63V with the same dimension (on ebay you find any size/model)
- the signal path: most folks recommend Elna Cerafine (ROA) above Elna Silmic II
- all other applications: Elna Silmic II (RFS) or Silmic (RFO)
Funny enough, the cap dimensions have not changed over 30 years when you use the RFS series !
See attached Elna datasheets: Elna states that RFS is higher grade than RFO. Some folks in some threads claim that the Cerafines have more pleasent sound than RFS, and some quick failures were reported for RFO
If you don't care about vintage state, the panasonic FC and FM ain't bad....but in vintage restoration other parts can play a hugh role: the bias pots, and notably replacing the matched pair transistors for the differential amp part (feedback circuit) to surpress the dc offset building up gradually over the years, therefore directly "biasing" your speakers.
The Nichicon KG Super Through series are a decent alternative for the power supply filter caps (snap-in and solder lugs). Talking about snap-in filter caps: this is a (minor) problem: the lead pitch has been reduced, no way of finding snap-in caps for a 70's amp having the 70's lead pitch.
Ebay shops are my favourite place to shop for ELna's, but for the power supply filter caps I check the manufacturing date first; they are often more then 5 years old already. Nothing wrong with Honk Kong ebay shops either, some good experiences.
Ozzy