I used a yellow highlighter as I traced the circuit, simply a sign to myself in case I got distracted, and my initial plan was to replace all the capacitors because it seemed easier than learning to troubleshoot. I've since decided to study the circuits, and have thus abandoned that idea, but I'm still pretty ignorant as to the finer points of how everything functions.
I should mention I'm using this amp for a Fender Rhodes Mk I, which I presume presents a much more dynamic signal than most guitar pickups. Both channels actually sound great if I don't push the volume too much, but like I say, I'd expect more headroom, ie the amp responds to dynamics a little too readily, and not in a very pleasant way. So if I get it sounding really nice at normal playing level, then I play the instrument hard or accent some notes, the distortion sound can be kind of fuzzy. This is what I imagine cutoff or blocking distortion to sound like (although I don't have the experience or knowledge to know for sure). I can make a recording of it if it would be useful.
With two brand new Jensen C12K12 speakers and 40W, I was told this thing should be thunderous. It is if I don't dig in too much, but I'd like to get a bit more headroom, and I expected fixing the plate voltage to be the first step.
I'm new at guitar amps because mostly I play saxophone, but eager to learn.
When you say 'where the music sounds best', you mean I should send a fullrange music signal out of my audio interface into the amp and set the knobs (volume and EQ) where I like it, then turn off the music and measure quiescent voltages at the plates with those settings? Or do I measure them while the amp is playing? What volume should the input signal be? I presume very low, to simulate the weak output of single coil pickups? I also have a transformer-based DI box which I can use in reverse if that would be better for driving it.