Mark, it really is your call. As you know (from doing your homework - thanks, BTW!

) there are three parts to the upgrade: the ammeter, the trailer connections and the wiring. Your question is the wiring itself.
On my 1986 boat, the PO did the first two, and it appears he left the original wiring. Many folks have done that, because as Ron says, the danger is the connectors, and the improvement in charging is the ammeter removal/replacement. My 1986 wires are working just fine.
This is a real-world example of "Your boat, your choice." It'd be easy to say: "Change them," but I don't want to do that 'cuz it's YOUR money!
I think what you need to decide, more importantly than the wire replacement question, is how you want to connect them, as in Reply #32 in the Critical Upgrades (
http://c34.org/bbs/index.php/topic,5078.msg44056.html#msg44056).
[Added 12/5/2011] - Linked that one back to this topic. Stu
If you keep the old wiring, I suggest you have them hard wire the ends, rather than using the Euro strips. As I noted, I do have the Euro strips, but they were put in by PO. In fact, I think my cockpit panel end was hard wired, no Euro strip there, only at the engine end. If I was doing it myself, I'd hard wire it. Hard wiring would make the decision to keep the old wiring much easier 'cuz you'd know you had good connections at each end. Tinning the wires for the tiny Euro strip connections is time consuming, too.