battery university says they are garbage, and
should be given away
.
it would be hard to single out the cells re-form and cycle them, but that would be the "best" way to try and recover it, otherwise you end up only dumb charging them in series, and USEing them to cycle them, which would be a balance disaster, and because of that you couldnt really even try and do anything usefull to attempt a recovery.
Ni-cads are very durable, i have pulled out some old junk and brought it back to life after 5+ years, and it worked, but not good enough to bother using VRSES the cost of replacing them with newer better technology. higher self discharge, some white corosion crystals forming on the metal, and low capacity.
if you HAD that drill/saw or whatever that uses them, just the pack casing is worth good money, and replacing the cells in it internally with great stuff would be excellent, better than they were original.
if your going to buy it JUST to salvage the cells, i really think you would be better off buying some 1/2 decent ni-cads instead.
if it was 5$ for the pack, i think i would play with it (for 50$ worth of my time).
if i NEEDED that kind of pack, i might fork over 20$ for the case, then try (and hope) to bring it back to life. but i have been doing so well with ni-mhys i think i would still want to change the cells to ni-mhy.