My first thoughts would be that if your 5 Phase motors are Good, you sure wouldn't want to Down Grade to a 2, 3, or 4 phase stepper, the nature of the 5 Phase is 500 step positions.
orientalmotor still makes 5 Phase stepper motors and drivers, you can still get those RDM 51117/50 motors New to at tune of about $1300.00 each from what I see on Flea bay.
as far as the Drivers you have, if Transformers and coils are not fried there should not be a big issue to Refurbish ... this of course depends on the Skills of the Tech doing the work ... "it's too old" is a common way of saying we just don't want to mess with it because we might not know WTF we are doing.
Hopefully you have the Service Manual for your Machine, if not I think that would be your First step in this Project.