Splines on hubs and wheels do wear with age and use. Before just buying new hubs, though, it may be wise to check the old ones. They may have been replaced recently enough to still be in good shape. If they are 40+ years old, though, with 100,000 miles, they are probably worse than useless. There are lots of simple tech articles on the subject. Old wheels are problematic for more than just spline reasons. Old spokes are often frozen, and wheels out of round. Replacing spokes and re-truing wheels can cost as much as new wheels, or more. The point is that these are wear components, and if not in good shape, are dangerous.