I would respectfully disagree with Ptmconsulting. There is only one type of mod, and that is where the actual circuit paramaters are altered. Substituting a different quality part of the same value is referred to as an upgrade, not a mod. Although many of the modders take liberties by calling upgrades mods. Confusion in the service of marketing.
There is yet a third category of work, restorations. With a restoration NOS parts are used to replace worn or out-of-spec parts, the idea being not to make the piece sound better, but to return it to its original sound.
Nothing wrong with any of them in my book, the problem with all but restorations being that many products are voiced, and this will change the voicing of the product. You may like it better, and you may like it worse. Then there is always the value issue and some of these things are good value, and some not. Some will increase the value of a product, and some will decrease it. It's somewhat of a crap shoot.
There is yet a third category of work, restorations. With a restoration NOS parts are used to replace worn or out-of-spec parts, the idea being not to make the piece sound better, but to return it to its original sound.
Nothing wrong with any of them in my book, the problem with all but restorations being that many products are voiced, and this will change the voicing of the product. You may like it better, and you may like it worse. Then there is always the value issue and some of these things are good value, and some not. Some will increase the value of a product, and some will decrease it. It's somewhat of a crap shoot.

