Yes, Caig's DeOxit is the stuff to use. Good idea to follow it with Caig's Faderlube, to provide added protection against further oxidation. Also agree that you should give 'em a few days playing to "wake up and burn in" again, BUT I would not do it with the sources you have. You'll have to get new amps. You owe it to yourself to get better source sound than an iPod, too -- although I know that was probably just for testing purposes. Those Inifinities are revealing enough to make the limitations of MP3 sound, or even FLAC lossless digital --if it isn't a great mastering-- quite audible.
If it is any consolation (for needing to find a more suitable amp), it was finding those same speakers and needing to get amps, etc... that revived my interest in and pursuit of, vintage audio. Getting them turned out to be the most expensive free find I've ever made, I guess.

Once you get 'em all set up right, it WILL be worth it, though.

:yes:
If I were you, I would pursue the original woofers, to replace those CVs. The CVs may sound okay now, but I think you'll find the original Infinity woofers to be better.
Nice space, and the speakers look very good. Enjoy it all! :thmbsp: