Hello Retronaut! You have a beautiful machine on your hands! For the leaky capacitors I did something a little guilty that some Mac users have done - I did the old wash it in the sink and let it air dry, removed all the memory, scsi cable battery etc, and some rubbing alcohol. Don't take my advice though lol. It bought me 3 months
As for your video issue you could try some rubbing alcohol on a q-tip and clean the pins in the vram slots and try reinserting them, or you might have some bad video ram soldered or sticks.
Fun paragraph ! - Overclocking you could do the resistor swap, if you don't want to mess with that you could try a overclocking application and extension called Control Strip 475 OverClock. You can download it right from the Macintosh Garden. Best of luck
https://macintoshgarden.org/apps/control-strip-475-overclock