Ok, been working on and listening to these old Scott S-15s from 1972.
I replaced the caps in the above crossover circuit one speaker at a time in order to do some A-B listening tests, and I really couldn't hear much difference. They sound pretty good either way. These caps were the original black with red ends that most folks don't seem to like. I don't have a VOM that can measure higher than 5uf, so don't know how bad the 10uF's were. The 5's were a little low, around 4uF. I have no good way to measure ESR or other cap specs.
So between the new caps and updated binding posts, the crossovers have made it into the 21st century.
Have also experimented further with the midrange connected both ways, and I am back to connecting it normally, it has a more punchy midrange that way and I really am not hearing much of a notch if any, as XSim showed. I put some test tones through, also, and it seems pretty even in the transition between mid and tweet.
So overall, I like these guys. Very even, clean, and sweet sounding speakers at up to medium listening levels. The drivers in these are completely stock, and when putting too much power into them, esp. with hard rock or metal, the alnico woofers overloaded easily as you might expect for drivers designed this long ago. Even so, I like these and am going to keep them as alternates or for rear speakers. To me they have a real nice sparkle to them for combo jazz listening.
Mine will stay stock, but to me they could be good candidates for updating the drivers and you'd have some nice looking medium sized speakers that could breathe a little more fire if you so desired.
We need to remember that tastes have changed over time. These were designed back when they were probably aiming for a very even response, and they do have that. Someone with more modern tastes at higher SPLs will likely be wanting more bass response and will probably want to look elsewhere or go ahead and change out the drivers. Or if you really want some Scott's, wait until some S-11B's show up at Savers, and you better get there before me!
Scottie