it gets a dip in the IPA to displace the water
You're not talking about beer, are you?
I was given a severely corroded LC II motherboard which I thought might never run again. Since the capacitor goo ate away some of the traces, some came up a bit simply from cutting the leads. I washed the board with soap and water, with baking soda to neutralize any acid and to act as a surfactant, then vinegar to remove any minerals, then with distilled water to remove any vinegar. I also used toothpaste and a toothbrush to physically remove gunk and corrosion. I then repaired all traces, installed new caps and tried it out. Guess what? In spite of the poor state, it works!
It really all depends. If you have nothing to lose because a board doesn't work, then do whatever you have to do to clean it. But being aware of how minerals might affect things. If you have high mineral content in your area, then maybe dishwashing isn't a hot idea. If you have water softening or very low mineral content, then why not?
For removing caps, sometimes you can't help screwing things up no matter how hard you try. I have those precise needle nose side cutters which are meant for this very thing, but if the pads are literally floating on goo and corrosion, you just have to make due.