I have a vintage yo-yo quilt also that I purchased about three years ago. It has just a couple of broken threads, and honestly I've done nothing about them, though I know I should. It hangs from a wall quilt rack in my living room (and I do worry that I'm distorting it by doing that - I do re-fold it a few times a year though). It had just a slight odor when I bought it, so I laid it on my bed at the time, and gave it a light spraying with febreeze.