Been working on the mill most all of a day or so trying to get it to run with no luck.Checking voltages and tracing down wires. It has been a learning experience in itself seeing where and what wire goes where.
I have came to the conclusion to go ahead and upgrade.
Here is what I am thinking but I would like some input from you guys.

1; I would like to keep the DC servos and encoders
2; I have been looking at the Viper 200F drives (24 volt dc)
3; Mesa 7i25 ?
4; 5 hp VFD not sure which one yet I have been watching eday to see what they are going for and looking at new as well
5; For the programing Linux ? BOB or Mach3 I am not sure about the Mach3 but it seems most beginners start there
6; I will try to reuse some of the existing stuff in my cabinet like the DC transformer contactors for certain functions etc.
I need some input I am ready to start purchasing my needs to get stared putting it back together again.
and would like to know what else I need to add to the list.