Originally Posted by kafka
Frankly, the overdrive sound on the Champ is just buzzy and cheap sounding. That's just not what the Champ was made for. The 8" speaker in them is real crap. That said, the clean sound has a very detailed attack to it, as well as when you lightly push it.
There are some sounds that only a Champ can make. It is the furthest thing from being a versatile amp. It's kind of a one trick pony, but it's a really good trick.
Clapton recorded Layla with a tweed Champ amp. They're a slightly different animal, and do sound better than the Silverface and Blackface Champs. BTW, unlike other Fenders, the Silverface Champ could probably be considered a very slight improvement on the Blackface.
Get it fixed up. It's worth the money, as you'll be able to sell it if you don't like it. And the world can use another Champ.
I just want to preface this by saying people are very particular about their guitar sounds so I'm not arguing with what you said but I personally could not disagree with you more. The stock speaker on many of the amps is fine, if you want a better one get a Weber.
With that said, the blackface and early silverface champs are great amps for clean and dirty sounds. In fact, I feel one of there strengths is the overdriven sound they produce. I have a silverface vibro champ (almost identical amp with vibrato) that I have used on almost every record I have done for the past couple of years and turned up to 8 or 9, it always sounds huge. And they are so much more convenient that lugging around a big old half stack or some giant combo amp.
As someone else mentioned definitely not great for metal but very useful for just about anything else. I say fix it (unless it is something serious and then it might cost more than to just pick one up on ebay).