I don't agree that the Welte rolls have no musical value.
Welte was very proud of their "reproducing" system. It was a very advanced system, different from ordinary mechanical pianos. They claimed it would faithfully reproduce the playing of the famous pianist. Their slogan was "The masters fingers on your piano".
The rolls were created by recording when the pianist played, and both the time (rubato) and dynamics were registered. However it is not an acoustic recording, and when the roll was created the rubato or timing of the pianist was most easy to accurately reproduce, allthough it can not be 100% trusted. Dynamics was more difficult. There existed at least three different systems to reproduce dynamics; The systems of Ampico, Duo-art, and Welte. Welte recorded the dynamics of each note in a "graphic way", and the technicians, who were also skilled musicians and had heard the performance, used this data to program their dynamics system. The Welte system could make continuously crescendos and diminuendos, and also sudden changes, so that accents could be made. What it could not was to differentiate between notes played together in a chord. But this is less of a problem than what one would think, as it is seldom that a pianist plays the notes exactly together (at least at the beginning of the 1900th century, when chords were often rolled).
So the welte recording also comes with dynamics, and although this is created by the technicians, I believe it would usually be a good aproximation of what the pianist played.
It is also true that the recording could be "improved" by correcting mistakes, as this was easy to do (i.e. correcting a C to a D). But the musical representation would be as similar to the original performance as was possible.
I have pierians CD with the piano roll recordings of Claude Debussy. They are very interesting to hear! And indeed musical, not mechanical at all. But one has to bear in mind that it can not be trusted 100% as an exact reproduction.