What sort of piezo tweeters are fitted at the mo? Can you show us a pic? Are they bullet tweeters, piezo drivers screwed to a flare, or a piezo flared-horn single assembly? If they have seperate horn flares, maybe you can find a compatible screw-on driver that will save you a bit of money.
Eminence do some quite cheap compression drivers, and you can pick up cheap crossover boards on the net if necessary.
The size and shape of the tweeter (eg bullet or horn) will very much determine how the speakers sound at different points in the room, what sort of 'throw' they have and their dispersion angle.
It will certainly give you better results than a piezo, but be prepared to modify the crossovers since they may not suit the voicing of the cabinets straight out of the packet. For example, you may find the treble becomes overpowering (ear bleeding!) in which case you'll need to fit an attenuator or pad to the crossover board to tone them down a bit. Ok; you could take it up by EQ'ing the mixer but you'd be better getting the speaker about right on a flat system first.
If you see some horns that fit the cabinet without too much mangling and jigsawing, look at the datasheet and then you'll have to decide what crossover frequency you need...they come in all sizes.
A rough, wing-it guide is to look at a commercially available disco speaker with compression drivers as standard, find one with cabinet dimensions and woofer as close to yours as you can, then try and find a data sheet on that particular cabinet to see what it's crossed-over at.
Get a tweeter thats designed for disco or pro use, steer clear of domestic ones no matter how high-power they seem.
Eminence example