No.
All depends on the type and age of the equipment in question, but as a general rule, it completely foolish to waste time money and effort to replace any capacitor that doesn't test bad.
Don't fix anything that ain't broke yet.
If a piece of equipment hasn't been used much or at high temperatures, it is probably going to work ok. Make a visual inspection if you have doubt, look for stand-up capacitors that have raised domes or show signs of leaking. If all looks ok, it will probably work fine. If it doesn't you can just troubleshoot the suspected circuit sections of equipment to isolate and replace any defective components.
The practical approach with very old equipment that hasn't been turned on for many years to attach a low voltage (<30V) to the power supply filter electrolytic capacitors to reform them before plugging them into the mains. Takes a few hours.
Old paper capacitors are commonly leaky, but just using a multimeter resistance measurement can show even a fractional uF capacitor taking charge, but noticing any high steady-state resistance indicates a defective capacitor, that is, if it is not a large uF valued electrolytic.
Paul,
This logic makes sense. In this specific case, I'm (attempting to...) repairing a device that is a couple of decades or so old and I've already been through the digital circuitry and a lot of the analogue circuitry. This unit has a few large caps in it that were designed to buffer and sometimes drain >1000V quickly. Those are the expensive ones and a challenge to test in circuit.
They do appear visually fine, and seem to test more or less correct as best I can tell with resistance, etc.
Beyond the large electrolytics, it has 8 smaller caps spread around the board that are filter caps.
I intend to pull the large caps intact and test them out of the board and swap in replacements as I go. If the pulled ones are good, I'll put them back into my parts bin.
The smaller ones are suspect as I have a couple with unexpected readings.
I just wanted to ensure I wasn't missing the concept of electrolytics implying something more than that specific type of cap since the device under repair is smothered with all of the other types I listed.
I wouldn't generally start with "replace all caps" and in this case it's the Nth step that I'm calling a "hail mary". If it isn't fixed after this, I have a couple of zeners en route for some questionable ones on the board.
Device has voltage potential on the outputs when it shouldn't, such means something is shorted somewhere.
-j