Yes, the AA764 does not show that local (-)feedback cap. NFB provides damping for the speaker. For these purposes a guitar speaker is like a woofer. Once set in motion at any frequency, it also tends to want to resonate -- pump back & forth -- at its own "personal" resonance frequency, which will be a bass frequency. The speaker's driver assembly then acts like an electric generator, pumping electricity at that frequency back into the amp. This is called back-EMF (electromotive force). This back signal is positive feedback at that frequency, which comes back out of the amp as excess bass at that frequency. This might contribute to the flabbiness you mention. NFB is a negative signal to combat that positive back EMF signal.
The long version:
The plate-OT Primary Impedance of 8K, is proper. Downside: that hi impedance holds up the strength of the unwanted back EMF signal. This is analogous to a large grid leak resistor maintaining the voltage of incoming signal. A smaller shunt resistance would bleed more signal to ground. As that resistance is lowered it becomes a heavier & heavier load on signal voltage. SS amps tend to act as a short circuit to back EMF; and kill it, providing full damping to the speaker. Triode power tubes have low plate impedance and so provide good speaker damping. Small bottle pentodes have high plate impedance, which maintains back EMF voltage; so there's little speaker damping. That's why more NFB might help.