Had a little more progress over the last couple of days. I got the bezel and screen cleaned off. Did some magic eraser work on the scuffs and bumps. Ultimately I'd like to sand and repaint but it looks a little better for now. The big project was taking the control panel off to clean all of the controls. The buttons were no problem but these joysticks gave me no end of trouble.
Here is the "before" picture:

And here is the same joystick taken apart:

I almost lost those little plastic washers at least 3 times and the "u" looking metal clips flew all the way across the garage at least twice and had me on my hands and knees trying to find them. It's a miracle I didn't lose anything.
The biggest problem was my inexperience and lack of attention-to-detail. I got everything cleaned off alright but putting everything back together turned out to be a comedy of errors.
I had to take apart and re-assemble the joysticks at least 7 times (I think a few more but I lost count)
1 & 2 - Original cleanings
3 - On the first joystick, I clipped the actuator ball on the outer shaft in the wrong place and didn't realize it until I was working on the second joystick. Both halves of the ball have a little metal stick that is supposed to fit snugly in a hole on the outer shaft (you can see them on the far end of the table, sticking up), putting the actuator ball just far enough up on the shaft to give the sticks some "springback" to center, but these metal sticks would not move AT ALL. I finally ended up standing on one of the halves and got it to sink in a little bit. This allowed me to "snap" them in on hole on the outer shaft so they stayed in the right place. Problem was, I didn't have the inner shaft in at the time I snapped the metal stick into place.
4 - When I finally did try to drop the inner shaft in, the metal stick was in the way and I had to take the whole joystick apart again.'
5 - Then when I had everything in the proper place and good to go, I ended up tightening the actuator ball too much and the metal stick actually drove into the inner shaft too hard and shaved off some of the metal. Considering that the inner shaft has to twist to make your guy turn in Xybots, this wasn't going to work. It was SUPER hard to get the inner shaft off after this. I did some permanent damage here and was pretty upset at myself.
6 & 7 - When I got ready to mount the thing back on the control panel I realized that the housing for the joystick is not a perfect square--it was a very slight rectangle. And the bottom part of the joystick that holds the 2 microswitches for the twisting has to orient a certain way... I had 50/50 odds I hooked it up right and guess what the final score was? Yep, 0 for 2. So I had to take both joysticks apart AGAIN to reorient the inner shaft so that the bottom part faced the right way.
I needed that stupid hole to be rotated 90 degrees!

8 - I forgot the little tiny white washers when I rebuilt Joystick for the umpteenth time 1. I saw them sitting on the table mocking me just as I was hooking up the bottom springs.
By this time I was much faster at taking these things apart and putting them back together but my hands were sure torn up. Those stupid little "u" shaped metal clamps are nasty to get on and off.
Considering I had never done this before I was facing some serious apprehension as I wired everything back up and then remounted the control panel.
I turned on the machine, waited for it to boot up, and then tried starting it up....

VICTORY! Everything worked great. The player 2 joystick feels a little loose on the springback to center. I think it might need a new spring or something, but I do not plan on taking those joysticks apart again anytime soon. ; ) I sat down and played for like 30 minutes in celebration of clean controls. That Master Xybot guy in level 15 totally creamed me.
Next steps/questions:
1. When I turn the power on it sits there with a blank screen for around 15 minutes and then just goes straight to the "attract" mode. Is this normal? I've never owned an arcade machine so I'm not really sure what "normal" is. I thought it was supposed to boot into some kind of self-test mode?
2. Neither the coin lights or the marquee light come on. I have replaced the bulbs, but haven't done any other troubleshooting yet. I guess I should just follow the wires and see if anything looks amiss in the connections and/or the power supply?
Thanks for reading this far.
Cheers,
Mike