andrew,
5400HP is obviuosly a large machine.
Ways to test the stator winding wedges is;
1. Wedge tightness test, this apparently test the tightness of the stator winding free movement against the core slot.
i had encounter this problem on the past few years, which found out the looseness of the wedges, instead rewedging.. we dip down the stator core to the varnish tank to save down time and cost of maintenance..and it works!
but i never recommend this alternative, if you have time and money it is better to RE-WEDGE.
2.El-CID test(electromagnetic Core Imperfection Detection)
used to detect the whole stator core and winding integrity.
this would be follow after conducting wedge tightness test to ensure the good quality result.
i dont think other test would conclusively define the replacement option, since PI and hi-pot test quantitatively refers the machine suitabily and fitness thru taking insulation resistance, and refers the voltage withstanding of the winding insulation, respectively. BUT NOT WEDGE DEFECTS such as looseness and aging.
However, i agree to used such test after re-wedging works to ensure the quality and workmanship excellent!