Sometimes people remove the PCB to clean and restore it. Makes working on it easier. Some parts will be within spec, others may not be. Changing them all adds to the cost but it is you choice. The plate and screen resistors act as fuses, do not replace them with with higher wattage components, stick with what is specified on the schematic. Buy extra and match them. It is also important to match the one ohm cathode resistors.
Cement block wire wound resistors are good to use. When they fail, they tend to blow from the bottom. If you look at one, the bottom looks different than the other sides, you can see that it is filled with glue. When you mount these resistors, leave a mm or so between the resistor and the PCB. Also, rotate them so the bottom of the resistor is facing to the side so that if it does blow, the flames don't go towards the board and damage it.
Other than the plate and screen resistors, if you replace any 1/2w resistors, I use 2w metal film, Yageo FMP200 series. Digi-Key is one place that sells them.
As was mentioned, that big brown cap in the preamp near the switches is original, it should probably be changed.
I wouldn't be concerned about the output transformer. I've never heard any complaints about the ones that MTI used. If you are concerned, fliptops sells a nice replacement made by Heyboer in the US.
There was a factory mod that cut some traces on the PCB. This is detailed on the early schematics that I think that I recall passing on to you. Let me know...