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I believe I read somewhere that this doesn't need to be electrolytic.A) You can read all kinds of stuff "somewhere on the innernet".
B) It never "HAS" to be electrolytic
(in small audio systems(*)). You can always use a film cap. However a 40uFd 450V film-cap is 5X-10X bigger and costlier than an electrolytic the same value. The whole growth of consumer electronics since the 1930s hinged on lower-cost e-caps; only the telephone company and early church organs clung to large film/oil-caps after e-caps got cheap.
There's traditionally a gap where e-caps are too small/cheap to bother with and film-caps too large/costly. Historically if you figured you needed 1.6uFd 3V cathode cap to make 82Hz bass, you would throw in a 5uFd 25V because anything smaller was no cheaper, less likely stocked, and a little extra bass normally no problem.
But for *lead guitar* a part-uFd cap shaves the bass in a way that gives less mud and more soprano power. Marshall's 0.68uFd cathode cap was a big piece of "the Marshall sound" and helped Marshall sell more than a few amps.
While Marshall used a large-size film-cap, the world of electronics has changed. You actually can buy down to 0.1uFd electrolytics now, and a few cents cheaper than a film-cap.
The other factor is life-span. Early e-caps lasted 5-10 years. Good enough for a home radio or a working-gig guitar amp. Older film(paper)-caps last like 50 years. New e-caps are either cheap junk or will last many decades; modern film-caps worked well within rating are likely to live 50+ years.
So you gotta ask: is this something I will play for now, and repair if needed in the 2030s; or do I hope to live a long time and pass it down to the kids with hope of no-trouble working? For those of us not-young and no musical kids, and always a hot iron around, e-caps are the way to go for anything over 1uFd and for many jobs in the 0.1uFd-1uFd range. If you are Building For The Ages, you may plan different.
(*) Weird fact for the day: in some telephone applications they used "wet electrolytic" as caps but also to absorb surge. A big fat costly e-cap can absorb huge surge energy and self-repair any damage. But this is far outside our field. Image