variac and electrolytics.
Thatch,
The way you worded your statement could lead to disaster. Yes, variacs are ideal for re-forming electrolytic caps....as long as the variac is used to power the receiver or amp the caps are in, and not connecting to electrolytic caps directly. AC on electrolytics will break down the dielectric and cause them to fail or explode violently. By applying about 50 volts line voltage to a vintage piece of electronics with a tube rectiifier, the rectifier tube gets just enough filament voltage to make a bit of DC at reduced voltage before the rest of the tubes are sufficiently heated to draw off this power. This places a lower than normal voltage on the electrolytics in the B+ and re-forms the oxide dielectric coating in the capacitors, refurbishing them. Electronics, even tube amps with SS rectifiers get DC right off the bat just above zero on the variac as the recitifiers come on as soon as there is any voltage at all (above their usual 0.7 volt drop). A big Marantz SS amp for example could have its capacitors re-formed by starting say at 10 volts and slowly working up to full line voltage in 10 volt increments every hour over a day or so.
It is a good idea to wire a household 60 watt or 100 watt incandescent light bulb in series with the set being reformed and the variac to limit the current in case the vintage electronics has a fault. This will save the power transformer or other components, and is a good indicator of what's going on.
Rob