sonavor: The reason I asked about replacing the two 0.47uF electrolytic caps with polypropylene was because I had read that the poly caps don't wear out. They also usually have high voltage limits so can take a lot of punishment. Aren't the poly caps generally used in small capacitance values because they are affordable at those values? Is the reason there are polarized electrolytic caps in the circuit because they are most cost effective for those capacitance values?
Basically you're right there. However, neither of these two particular caps are on the audio signal path, and neither of them is in a position where they could easily die prematurely (8C2 stabilizes the tuning voltage, which is essentially DC, while 8C46 filters the AFC signal coming out of the FM detector - again, rather stable and it even has a small ceramic by its side to help).
You can of course replace them, but it's not going to affect anything unless the old caps are outright faulty, which they most probably are not. Increased ESR of aging caps doesn't really matter at these positions.
Generally B&O receivers, which used electronic switching and tone controls very early compared to most other manufactures, usually have a lot of capacitors on the signal path. Above 1 µF, plastic film capacitors were physically large and quite expensive back then, and both reasons probably contribute to why B&O used so many electrolytics on the signal path - and tantalums when the space was tight.
These can be replaced and it may alter the sound audibly (sometimes even to the better...), but it takes some experience and understanding of the circuits to judge when it might be useful and when it will be just wasted time & money. I've installed MKS2 caps instead of tantalums here and there in kit that I use myself, but mostly I just use the same kind of components that were there originally. Even bog standard aluminum electrolytics have improved a lot in quality during the last 30 years. Not to mention in physical size!