Degaussing is normally only necessary if the corners are badly discolored. And I mean a wash of the wrong color or a rainbow etc. Not just that the three color guns don't line up there (that's convergence and purity). This distortion is often introduced by powering up the game facing one way, and then turning it to face another direction. My normal suggestion to the people that work our arcade floor is to: Turn the game off, let it sit 10 minutes, move it to where you want, let it sit 10 minutes, and then turn it on. This allows some of the magnetism to diminish and it also allows the Auto-Degaussing circuit to cool off enough to provide another "Zap" to the coil upon next power up. You can also rotate the cabinet watching the picture to see if there is a direction where everything looks the best. Then, leave it there and follow the instructions above to move it how you desire it to stay.
Of course, the metal chassis can also be magnetized and sometimes the only way is with a professional degauss coil. Its rather hard to clear this kind of distortion by just using an Electric AC drill motor (a home brew degaussing coil). If you do have an actual degaussing coil, then go to town on it. If you haven't seen instructions elsewhere for using it, the technique is to power it up flat to the screen. Roll it around the screen in a swirling motion trying to cover all the territory. Ending by moving it to center. Back off with it still flat to the tube (and still powered). Once you get about 10 feet away rotate the coil to be perpendicular to the screen (90 degree rotation), and then turn it off.