I think that my feeling is that although the original speaker connections don’t have the convenience of banana jack connections for frequent changes;, they were certainly adequate for hooking up wires for speakers that would normally remain connected for long periods of time. The convenience of speaker terminals on the front of the unit’s side is great as it can easily be wired while in a rack or cabinet, however being recessed into the side makes it difficult to modify with larger terminals.
I have replaced original speaker connections on older speakers (JBL) with quality 5-way posts as these appear, but kept the original parts and didn’t alter the cabinets so that they could be returned to original as
@mrk229 mentioned. Typically this was with terminals that had enough space around them for multiple types of connections, this modification seems to be cramped in to the recessed area and not really great for easily making connections other than banana, which would stick out pretty far on the side.
Not my favorite application of a binding-post modification, but if you feel that you will use banana plugs, fork lugs, or are planning to use speaker cables that wouldn’t fit in the original connectors (IIRC mine have 12AWG wires in them, but might be 14, it’s only 110WPC so it doesn’t need welding cable) and they fit very well,
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Note that banana plugs with stiff cables as you’re contemplating, will stick out of the side quite far, there are 90* banana plugs that might work well here.