I'm bettin you mostly just need new mircoswitches for your joys though I'm just throwing that out there.
I'm not that big on Smash TV, but would still prefer it dedicated than a MAME for sure.
I've seen some folks with board-switching systems, which would be way cool for something like this. Best setup would be Robotron, Black Widow, Total Carnage, & Smash TV cuz you've already got that. Sounds pretty tricky unless you just keep all the boards in there and just switch em out with the Jamma connector, someone did that on here with a cab and most of the Mortal Kombat PCBs. But this is also assuming those PCBs would all be compatible on your setup. Would need to read up on that.