After some additional critical listening I've determined that most of the abnormality I'd been hearing regarding the midrange was in fact primarily due to the electronics (in this case my Pioneer SX-1980) and not the speakers themselves. The right channel has a hole in the midrange and I suspect that somehow the right channel is bleeding over to the left. I'll have to track that down with my frequency generator and oscilloscope. I knw it's in the preamp section - I removed the jumpers and used an external preamp which cleared up the problem. The joys of vintage gear!
I replaced the SX-1980 with my Pioneer SX-D7000 and the sonics were much improved though at only 120 per channel I have to be careful playing it loud.
I know that many in this forum will recommend that I upgrade to McIntosh electronics but frankly I don't think that is in the cards, primarily for economic reasons.
I had gone ahead and measured the frequency response of the speakers which is what ultimately lead me to the conclusion regarding the electronics - so unfortunately those measurements are not valid.
I replaced the 3 - 50uf/100v caps in the crossovers. The originals were 10% tolerance; I replaced them with Erse Audio 5% parts.
I measured the old caps and found them to be between 10%-20% high in their values; not horrible but some were certainly on the way out.
While originally I was planning on replacing the poly film caps I've decided that there is no significant advantage in doing that - so the originals will remain.
Below is a picture of the crossover while still installed in the cabinets for reference.
I've circled the 3 original caps prior to their replacement.
Next step is to give these some more critical listening and then I'll do some new weasurements to determine what (if any) equalization is necessary.