After some craigslisting I found a project I couldn't pass up. This DK has been at the same bar since its release and although it needs some work it's in pretty good shape (though there are a few issues I don't know how to fix yet). Before listing some immediate work to be done I'll start with the pics...
From player 1 side:

View from the top (Note the alignment problem):

Under the glass:

Player 2 side:

So...all in all it doesn't appear to be in horrible shape. Here are the things that have jumped out so far:
1. No sound, yikes. I have to do some research as I've never worked on a non-mame cabinet and am not sure where to begin. I've played with volume controls but can't hear a thing.
2. Vertical alignment won't stay fixed on the monitor. The screen gives a nice picture, but I can't get the vertical alignment to hold. After carefully playing with it I got to play a game to about 50k before it started moving again. Not sure if it is because I bumped it or if it just started up again, but it scrolls from side to side non-stop.
3. New joysticks. These work, but don't react the way I'd like (player 1 anyways).
4. Clean, paint, et cetera. I'll know what I'm in for after a good scrubbing, outside of the laminate I don't really have any concerns here.
If anybody has any tips or threads regarding the sound and/or monitor issues give me a shout!