i use car speakers, and i verify the stock ohms used and match it.
i use coax speakers only, so far i've used a german brand of 4x10's in phantom of the opera, a set of pioneer 5.25 speakers in 0geist's BSD, and a set of 5 inch sony's in 1 of mine, and a full 4.1 diamond audio component system in my MAME machine.
the coax speaker will give you good mid and high output, and they fire at the player, so that's good. wattage doesn't matter, because you're basically pushing a massive 9 watts of juice, or whatever a pinball amp produces...ha ha. triax speakers are a waste, imo. sounds will get muddy like they get out of the 3 inch cones some game manufacturers chose to use.
also, replace both backbox speakers, it's cheap to do and then you won't have 1 that over powers the other one. go to walmart, you can get 5 1/4 coax speakers currently for 24 bucks...if you're patient, you can get your choice of brand off of eBay for whatever price. i don't like the stock different sized speakers in the backbox...matching the pair cleans up the sound, and gets rid of higher notes only emitting from the right side, and louder muddy music from coming out of only the left side.
the woofer in the cabinet can be left alone if it's not ripped...that's the more expensive one to change out.
F14 is a fun pin with GREAT sounds, and i would have kept mine if room were not an issue.