Ok... I'll add my $0.02 to the original question.
If you have a 60s era Vibrolux Reverb with a master volume control - it ain't stock. To me, that's enough reason to remove it. Fender only added master volume controls in the early-mid 70s and after 1968, all of those amps would have been silverface (not that it is a bad thing, just a fact).
However, Fender did revert back to blackface cosmetics sometime in the early 80's. I think the Vibrolux did get a "pull-boost" switch sometime after 1976-77... but I don't have anything that proves it, but if you have a blackface Vibrolux reverb with a "stock" master volume control, chances are pretty good that it is one of the early 80 models, and not a 60s.
Why remove the master volume on silverface amps.
Several reasons. First, the master volume control as installed is a "loudness" design - there is a "bright switch" style cap that is connected to a tap on the master volume pot. This cap will boost treble at a low enough control setting... and cut treble when the control is above the tap point. Cutting this cap out will restore a lot of the "shimmer" found in the earlier non-master-volume amps.
The master volumes with the pull boost amps introduced additional treble cutting networks. Some of these are not obvious... something like a resistor and capacitor in series IIRC. Removing these networks along with the master volume also restores a lot of presence to the amp.
oops... ran out of change.