Hi folks,
It's been a while since I've posted here.
I completed my first Mame cab conversion/restoration a while back, though never got around to making it a project announcement (gotta get some completed pics!). It took a long time, cost a lot of money, I had a lot of trial and error, did most of it on my own. Along the way I had some great advice from people here as well, both on the boards and via emails.
After all this I've been so incredibly lucky to have just now accquired two free cabinets! I haven't had a chance to inspect them properly yet but I have these pics my brother emailed me and would like to throw them up for your opinons on what to do please.

The red cabinet is fully working beside a niggly coin mech and inside is neo-geo hardware. It also could use some degaussing but otherwise it's great;

The black cabinet makes an ultra loud constant squealing noise through the speaker when it's switched on but the monitor looks to have a healthy glow despite having no picture. Apparently it's a Mortal Kombat board inside (it has the book to match) and is most likely Jamma I think;

My first cabinet was a gutted pc job so forgive me if I'm wrong as I've had little experience with arcade boards. I've also not done any research yet - I'm too excited for that just yet!
I only want to keep one cabinet, so my instincts are to fix the black cab and sell it as is if possible and convert the red one to Mame.
It seems a shame to pull apart such a great neo-geo cab but I think there's enough room to get a pc in there and pretty much leave it intact. The main reason I want this machine is the big monitor, spacious control panel ( I want to re-do it to have a trackball and spinner) and marquee area which my first cabinet does not have.
So, what would you guys do?
What do I need - AVGA? JPAC, IPAC etc
I'm rusty on all this!