I would like to add my experiences with IMF speakers. I actually discoverd them by chance because a friend of mine who actually wanted to get himself a pair of ALS-40II decided not to do so and so I stepped in (he has got himself to different pairs of IMFs by now

). I checked at the seller's place to see if all drivers were playing and there was something in their "sound" that made me take them home. Connected them to my own gear I was immediately struck by: their naturalness,clarity and the quality (cleanliness) of the existing bass. I was told that caps had already been replaced and I believe that is the case because:
Having been mightily impressed by those "smallish" models I decided to upgrade - and as there was a pair of TLS-80 (MKI) offered not too far away, I decided to get those as well. And even without having done anything to the crossovers I found them to be the most complete speaker I have ever owned.
Right from they sounded very similar to the ALS, but you could also tell that they were a tiny bit tired/less fresh. Hence I ordered a set of replacement caps from Falcon (for the electrolytic caps). After installing them I noticed a similar "freshness" to those ALS but, as human beings are curious, I also began toying with the idea of replacing all the other parts on the crossover (film caps and resisitors - switch section included).
Obviously doing that is a controversial issue but as I had done the same in other vintage speakers, I was optimistic that I would like the outcome. I decided to use ClarityCap CSA for the 2.2 uF, Siemens MKL for the 6uF caps (which originally was not a 6.8uF cap as shown in a pictue soemwhere in this thread), and the new 60uF and 100uF from Falcon I bypassed with a combination of Russian PIOs and very tiny Teflon caps). I case I wouldn't like the change I could always put the original film caps back in again. But fortunately I am a happy camper.
Has the overall voicing of the speaker changed? Well, to my ears not really - it still is an extremely open and natural sounding speaker - just perhaps a bit fresher and even more revealing.
When listening to large orchestral pieces such as Holst's "Planets" you really notice a lot more than with other speakers that orchestras consist of individual players and as a group their sound does have weight, not just loudness - just like in real performance. I think not that many speakers can convey this in a way the IMFs undoubtedly do - and in the light of that, even TSL-80s are actually kind of - "small"

.