Depends on what kind of music you like, and what you're expectations are. Typically when I mod those, I usually reduce low end between the initial gain stages to clean it up a bit/tighten it, I also play around with the supply voltage to the preamp as well depending on what the person wants, as well as increase the value of the screen resistors as just a general maintenance
If you already have it open and the amp is 10-15 years or so, I would also recommend replacing the filtration. The Illinois electrolytics Peavey used for that amp are kinda junky IMHO, and have a pretty big failure rate. You don't have to get anything crazy expensive as a replacement, although good axials are getting harder and harder to find for decent prices.
One thing though, when you do bias up the amp closer to the 60-70% percent max dissipation figure, you will notice a noise increase. That amp sort of rely's on the cross-over notch of the factory ice cold biasing, to cut down on thermionic hiss a bit.