Hi,
Here's some information on the Concerto from a KEF appreciation site (formerly Allan's Online):
http://www.hifiloudspeakers.info/Anatomy/SpeakerSystems/Concerto/Concerto.html
Also, Here's the link for the schematic of the Concerto Crossover:
http://www.hifiloudspeakers.info/Anatomy/SpeakerSystems/Concerto/ConcertoCrossover.html
The tweeters should be disconnected from the crossover and checked to see that they still have good output. Connect a low power amplifier with bass and mid controls turned down. Find some interstation hiss on an FM tuner and use that as a signal source. You should be able to get good high frequency output with a nudge of the amplifier volume control. Do not put a lot of HF input into any tweeter directly as you can burn them out. Just test to where they get reasonably loud. If the tweeters pass this test, then they probably are fine.
Then you should go ahead and recap the two 5 uf caps in the 18db/octave high pass filter for the T27. Alternatively, you might conisder purchasing new crossovers built by Falcon Acoustics. They have been providing commercial and DIY crossovers for three decades and have some purpose built for the Concerto.
See
http://www.falcon-acoustics.co.uk/pl28p4.htm and Networks 5, 6C, 33C, or no. 53. Network 53 is the best one of the bunch and has the uprated acoustic butterworth section that supposedly makes the T27 sound the best. It is a bit more expensive but you would then get all new inductors and capacitors with a pedigree design (Malcom Jones, M.D. of Falcon, worked for KEF designing the crossovers up through the 104aB series). I don't think these use "audiophile" type capacitors but you might be able to get them to make up some using polypropylene caps.
Hope this helps.
Regards,
Bart