Congrats!
If you want to play with it and not do anything irreversible, I suggest getting sockets for the op-amps in the audio section, the SAA7220P and perhaps the TDA1541.
What I did to my CDB465 would be my recommendation:
1. I don't do across the board PS re-cap. But I pull them out to check for bulging.
2. I didn't go beyond OPA2604 + WIMAs (2 x red rectangular caps above) in the output section because after researching the topology of op-amps they're typical high negative feedback circuits with great specs but IME, not good for the organic SET/Altec sound I prefer. Given the prices asked for boutique op-amps and the discrete variety, I could get a TDA1541 DAC board, bypass the op-amp/IV stage and graft a simple tube output section sans NFB. Also, IMO, the metal/plastic Magnavox chassis is too cramped and flimsy to build a proper tube output I/V stage.
3. To my ears going NOS gave more of the organic sound I crave for than the OPA2604/WIMA upgrade. Since I didn't want to cut traces ala Lampizator, I carefully unsoldered the SAA7220P, installed a socket and ordered the $30 module from the Eastern European seller on eBay. The 3 jumper wires in my blog only works on outboard DACs not on CD players. But keep the SAA7220P handy because the digital coax output will not work without it.
4. I did all the above mods to my CDB650 which I use as a transport now, so the SAA7220P is back in place. But to my ears it sounds better as a CD-T w/o the TDA1541. That's the reason I also installed a socket for the TDA1541.
Happy listening!