I'm only familiar enough with two recolonizations to talk about them, ADPi at Pitt and at PSU.
The one at Pitt started out great guns, but in such debt, it didn't turn around until the Sisters decided to become the masters of their own identity. The Sisters instigated tough rules, and those who didn't follow them were out the door. It took a few years, but they are now up for Alpha Delta Pi's most coveted award at this summer's convention.
At PSU, the recolonization was handled very well - the largest colony in Alpha Delta Pi history! From what I've heard, it had the same pattern. They, too, had a slight dip, but is now going from strength to strength.
I could name a few other sororities whose recolonizations went well, but it wouldn't be fair for me to do without intimate knowledge.
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"He who is not busy being born is busy dying." Bob Dylan
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