Hi
I'm just looking at a AA964 Princeton schematic right now
...
So there's 3 12ax7 stages prior to the power tubes one of which is the PI
...
Are we thinking about different Princeton reverbs??
My mistake!!!

The AA964 Princeton is indeed the circuit I was envisioning, but I remembered wrong, because the Reverb model has an extra gain stage. But that's not what you want, you want the non-reverb model.
Looks like you had the correct setup all along with only 1 gain stage added to the Gulbransen. I'll be sure to actually
look at the schematic I refer to in the future and not rely on (faulty) memory!!
The Princeton
Reverb has a bit more gain than the non-reverb model, but the reason it doesn't have excessive gain like you experienced is there is a big loss network between stages in that model, which facilitates the mixing in of the reverb signal.
One thing that could be making this amp VERY loud and a little out of control when given lots of front end gain is the fact that it has a 68k resistor on the negative feedback which seems to me to be huge. The Princeton has a 2.7 K which is obviously letting a lot more through ...
1st problem was I boogered.
But Re: the feedback, you
cannot just compare the series feedback resistor (68kΩ vs 2.7kΩ). You also have to look at the shunt feedback resistor, which is the resistance between the series NFB resistor and ground (680Ω vs 47Ω). The 2 resistors define a voltage divider which set the amount of feedback.
What happens is for a given output power, there is a set a.c. voltage across the speaker. The series & shunt feedback resistors divide this voltage to a lower amount, then apply it to an earlier point in the amp.
In the Princeton, a good bias resistor was chosen for the stage where feedback is injected, and gain of the stage was increased by adding a cathode bypass cap. To add NFB without disturbing that arrangement, a discrete resistor (47Ω) is used as the shunt feedback resistor, and this is inserted between the existing cathode resistor & ground. In the Gulbransen, the extra gain of a cathode bypass cap was not needed/wanted, so the existing cathode resistor was used as both a cathode resistor & a shunt feedback resistor.
We can estimate the gain from the stage where feedback is injected through to the speaker by using R
series/R
shunt. For the Princeton that's 2.7kΩ/47Ω = ~57, and for the Gulbransen it's 68kΩ/680Ω = 100. So the Princeton
appears to have a bit more feedback (a factor of 2), but it also uses output tubes which amplify less (mu ~10 for 6V6, Mu of 19.5 for EL84, or a factor of 2). So really the amount of feedback is likely pretty similar; to know for sure we'd need to calculate open-loop gain for both amps and then the gain after feedback, and the ratio of the two is the applied feedback.
I'd not be inclined to tinker with the Gulbransen's feedback, but if I did I wouldn't drop the 68kΩ below 20-30kΩ without expecting oscillation problems.
Sorry for leading you astry on the extra gain stage thing! It looks like you'd already landed at the sweet spot for clean tone.