I have the same original monster cables that tekdredger described and they do have large segments that have oxidized. I don't recall exactly how old they are, my best guess would be about 30 years old. I assume this is the result of oxygen leaking through the plastic as tekdredger described.

I am gradually coming to believe that most of the claims about cables and speaker wires from manufacturors are snakeoil, so I am interested in the boards input on whether I would notice a real difference if I replaced these cables with new cables. I am also interested in hearing suggestions on what I should replace these 11 guage cables with.

FWIW, I am using these cable to handle my main front speakers which are NHT VT 1.4's with a Parasound 1200 II 205w power amp with a 1050 as a pre-pro and center/rear amp.
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Living Room 24x18 open 1/2 flight up to a raised dining room/hall 24x12
Outlaw 976 pre-pro running 5.1 system
Outlaw 750 for Artison Masterpiece LCR and 2 NHT SuperZeros rears
Velodyne Servo FX-1200
LG OLED65C8PUA via HDMI2 to/from 976 HDMI ARC
Roku Ultra
Samsung BD-D5500 BluRay
Amazon FireStick 4K to 976 Aux HDMI input for Amazon Music Ultra