Now I am no drum guru, but after playing for 30 years, I think my opinion might matter a bit ;)
I think if the edges are messed up, it should not be valued for its originality in the first place! Last year I got a 68 Slingerland and the edges were CRAP! I had to actually add some wood putty on one tom because it was so NOT FLAT - miserably failing the flashlight test. Trust me, it is the last thing Slinger fans want to be publicized very much. Meanwhile, after doing quite a bit of research (talking to 40 yr veteran drum builders and presidents of drum companies, etc.) I learned that there are alot of drums from all the manufacturers that have left the factory (currently and throughout history) out-of-round and with bad edges. We have grown to know how to cut good edges, and have the routers, and indeed can cut them the way that they were supposed to come from the factory - therefore, it would be improving the quality and performance of any drum, no matter how vintage and collectible, and it should actually improve the value in my opinion. The only exception would be an extremely rare drum, thus preserving the historicity of the piece.
A "Great" and "Valuable" drum should not sound awful just in the name of keeping it original. We shall operate on purpose instead of holding a drum back from being all it can be just so we can say it is original.
John