UPDATE - So I simply dropped in the 4" x 10" speaker as "grbgemen" did and the speaker did work ok but I did notice that the sound levels of the speaker and the woofer in the cabinet were not equal. It wasn't a huge difference but because of my OCD I did notice a difference.
I was going to take "Grumpy's" advice next but figured I would try one more thing before I messed with all of that wiring in parallel and series. I installed the 4ohm resistor since it is such a quick and easy install. Fortunately the resistor fixed the sound level issue so everything is good to go and all running at the original 8ohms.
As far as the sound quality, I can tell a difference with the new speakers but it is nothing dramatic which I didn't expect. I replaced the 4" x 10" speaker in the back box and the 6.5" woofer in the cabinet. The only speaker I did not replace was the small 3" one. The technology back in the 80's on these pin's never had anything incredible when it came to the amp's, sound's, hardware and etc. You can spend $200 on new speakers and the quality gain is going to be very minimal in my opinion. It isn't worth spending a lot of $$$ when it comes to the sound in these older pins but I do like replacing the old 35 - 40yr old speakers just because they do deteriorate and the paper breaks down over the years.. I do like the ease of installation with the Pinball Pro and other branded kits but the bang for your buck just isn't there unless you are installing those kit's into later pins that have better soundtracks and better sound hardware to begin with. (Just my opinion)
I was also upgrading the speakers in my Theatre of Magic at the same time as Pinbot and spent a little more $$$ on TOM due to it having DCS, better sound hardware and soundtrack but I still spent less than $160 total for both pins. The installation was easy. The only thing that I spent any significant time on was researching the original specs of both machines.
I do want to thank Grumpy and grbgemen for their advice
PinBot Speaker (resized).jpg