Here's one link on cleaning silver.
I don't have any silver, so no direct experience.
http://www.sideroad.com/Antiques/silver_cleaning.html
I've seen the aluminum foil thing before, but you might want to try it first at a lower temperature. Something like this will clean all crevices and depresions in the pattern. You'll need to degrease the items with soapy water, and maybe a rinse with isopropanol if you want to be sure that the effect is uniform. Scrubbing is not required. But avoid fingerprints. Haven't looked into exactly how this works--so I would not go any longer than necessary. Offhand, I don't think any silver is removed, I'm not certain. It is obviously and electrolytic reaction of some sort. Be very careful to rinse throughly in clean water afterwards and store the objects dry as a precaution.
Here's a discussion on the method with anecdotal discussion regarding tarnishing and untarnishing silver:
http://www.finishing.com/1000-1199/1178.html
May give you some ideas, but you might want to do further research. The point about not doing the reaction in a metal container makes sense.
How to clean depends on what you are after--If you want the pattern highlighted by retention of patina in depressions, you'll want to wipe with a minimum of some kind of cleaner/polish on a cloth.
I wouldn't bother unless you're going to eat with it, and are concerned that wear of the tarnish will be uneven and unsightly.
My understanding is, that as it is usually kept, silver tarnishes in large part due to reaction with small amounts of sulfer compounds in the atmosphere. The only way to prevent it is to store it in a hermetically sealed container.
As far as affecting value....As far as I can tell it follows the perverse rules of "collectables".
Objects made of noble metals that don't destructively corrode are favored by collectors when polished and shiny, and of course the more perfect the condition, the better. Since plated objects are subject to loss of the plating by over-polishing, it makes little sense that there would be many such old objects around. Hence collectors want them.
Objects made of metals that are subject to destructive corrosion such as copper, or steel, are deemed more valuable if they show no evidence of ever being polished or oiled, and again, the closer the condition to new (except of course the patina) the more they are sought after, again because a sensible person would expect that to be the least probable condition.
You can always decide to polish them later.