Hib, there has not been any data to show any concern with these wheels. IN fact, the naysayers who said that 20 years ago, Reeves should not use a magnesium wheel on a street car, have been wrong. There are zero failures due to design.
That said, I was told that the only issue with a magnesium wheel, is when they get refinished, sometimes they are only cosmetically refinished and must be coated on ALL surfaces, not just the outside that one can see. If not, otherwise they turn black and will decompose.
Again, zero issues with these wheels and a proven track record.
First...I never said there was a design issue with Dymags which makes them prone to failure.
What I've said, and I stand by the statement until proven wrong, is that both aluminum and magnesium, are prone to changes over time which may weaken a wheel made of either material.
That you claim there is no data to show concern with 20-year-old, Dymags is irrlevant. The lack of data does not prove there is no problem. It just proves there is no information you can provide.
Further your claim of "zero issues" is rediculous. To say that, you'd need to have credible data on all Dymag wheels which, obviously, you lack.
As for a "track record", I agree that the Dymag was a very good racing wheel but if you say "track record" meaning that all Dymags are durable for 20 years or more, I think you're misguided.
There might be Dymags out there which, in spite of their age, are in good shape and can be safely used after testing in just about any application. On the other hand, there are, no doubt, some out there (perhaps those which have been improperly finished, as you explain, above) which would fail nondestructive testing and should not be used.
Bottom line: Anyone planning to reuse an old set of Dymags, especially if they're going on a car which will be raced or driven aggressively on the street, should have the wheels nondestructively tested to make sure there are no problems (hidden cracks, hydrogen enbrittlement, etc) with them before they put them in service. I should add that this is true of any aluminum or magnesium wheel that old, not just a Dymag.