... a Fender Bandmaster57-style power section ... The Bandmaster has fixed NFB using a 56K into the cathode of the 1st PI tube, with a 5K-ohm and .1uf presence circuit. I'm using 3.3k on that cathode, and am going to try a variable NFB circuit using a 68K fixed resistor in series with a 50K variable resistor ...
The "feedback circuit" takes a voltage present across the speakers (really, at a specific OT secondary tap) and applies it to a voltage divider made of (at least) 2 resistors.
In the Bandmaster this voltage divider is made of the 56kΩ and the 1.5kΩ cathode resistor.
The Bandmaster sources feedback voltage from the "4Ω tap" (even though there is a 2.667Ω load present).
You have changed half of the voltage divider by increasing the cathode resistor to 3.3kΩ.
All else the same, you would need to change the series feedback resistor to ~123kΩ (120kΩ is close enough).
As planned, the 68kΩ + 50kΩ var resistor gives "more feedback" down to "a-bit-more-than-stock feedback."
You might consider 120kΩ resistor + 250kΩ var resistor to give you a range of "less feedback" options. Or 68kΩ + 250kΩ var resistor for more/less feedback.
What tap are you using to source your feedback voltage?
The stock Bandmaster used a 4Ω tap; if you use an 8Ω tap on the OT, you increase feedback by √2.
So using a different OT tap to source the feedback requires re-juggling the resistor values.
If you have an impedance selector, connect the feedback wire to a tap on the non-speaker side of the selector switch. Doing otherwise causes the amount of feedback to change with the impedance-change.