2) Mine uses a 500KA pot. If I inserted a 500K resistor where the 1K resistor is in Mr. Ruby's amp would it effectively make it a 1 Meg in total load resistance?
Because the grid resistance represented by your 500kΩ pot is bootstrapped in the split-load inverter, the apparent impedance presented to the previous stage is already several-Megohms. We could prove that with some math, but take my word it's already high enough that it's not a factor in decreasing the gain of the first stage.
What I mean is that while you can calculate a loadline for the 220kΩ plate load of the first stage, the total effective load with an a.c. signal is the 220kΩ plate resistor in parallel with whatever the input impedance is of the following stage. Since the bootstrapped split-load inverter input is already several-Meg, it has almost no effect of reducing the apparent load resistance of the first stage. Therefore, nothing to be gained by trying to increase the input resistance of the inverter.
If I inserted a 500K resistor where the 1K resistor is in Mr. Ruby's amp ...
What's the volume like when you set your Volume control halfway up? If you add the 500kΩ resistor, that will be the volume you get when you turn your Volume control all the way off.
One con is it doesn't sag/compress as much as I wanted so I may insert a higher ohm sag resistor ...
That's one brute-force way of doing it.
Or, you could
add screen resistors to the output tubes. Experiment with values, and make them larger until you get the sag you want at a predetermined volume level.
How it works:
If screen voltage drops, the tube passes less plate current. Output stages designed for maximum clean power want the screen voltage rock-steady to get every last watt. Because screen current typically increases with increased output power (either a little or a lot more screen current depending on tube type), series screen resistance is generally held to a minimum, because Ohm's Law says the screen voltage would drop with increased screen current.
You can purposely make screen resistance over-size to cause screen voltage sag with increasing output, which you'll hear/interpret the same as sag from a rectifier tube, small power supply, series B+ resistor, etc. The advantage is you don't waste B+ power in a small-value high-wattage resistor (which just makes the chassis hot).
The bigger you make the screen resistor, the lower power output (and apparent volume level) at which the sag effect will kick in. Remember, even very saggy amps have some lower-volume clean range where there's no obvious sag.
Try it!