Theo, I'm gonna step out on a limb and assume you meant cap upgrades, rather than "cap bypassing." Bypassing isn't the first step to take when tearing into a stock Cornet. Start by replacing these caps: 
C200, C206, C208, C203, C202, C204  
You need to decide how much you can spend, but an inexpensive route would be to replace them all with Sonicap Gen I. That'll set you back about $100. If you want better results and you're willing to spend twice as much, I recommend this combo: 
C200, C206  --> Dynamicaps (1uF)  $76 from Sonic Craft
C208*  -->  Mundorf Silver/Oil (1uF)  $95 from SC
C203*  -->  K40 PIO (.1uF)  $15 from: 
[email protected]C202   -->  Sonicap Gen II (.047uF)  $10
C204   -->  Sonicap Gen II (.001uF)  $8
Everyone is going to give you different advice. There's no absolute right or wrong. You have to decide how much you want to spend. 
Best of luck, 
Mark