I spent a lot of time with this and honestly think the information I gathered will help some here. I also noticed that the tremolo using a 5C1 Vactrols does not go as deep as I had hoped. I have found that there's 2 reasons for this. The first is that there is not enough voltage on the cathode to drive the Vactrol to a low enough resistance state. More on that later. The second reason is that I have found through my testing that the XVive Vactrols are pretty much cheap junk, that don't perform as good as the spec sheet says they should. I bought 5 of the XVive vactrols and tested all of them. Actually I have been testing these for quite a while, as I was going to use them in another build for channel switching.
When I started testing the tremolo circuit, I noticed the tremolo wasn't going quite as deep as I knew it could. I put a scope on the cathode and noticed the peak voltage feeding the vactrol LED was quite a bit lower than needed to get it to a low resistance state. Playing around with load resistors and cathode resisitors/caps, the most peak voltage I could get was 1.56v. Next, I took all 5 of the vactrols to a very good power supply and put 1.56v on them. On average, the vactrols passed slightly over 1 mA. At this current, i checked the resistance of all of them and they ranged from 3200 to 4500 ohms. This explains the tremolo effect not being as deep as it could. Next, I drove all of them to 40mA current to check resistance there. The resistance of the 5 ranged from 210 ohms to 400 ohms. None of the met the specification sheet stating 200 ohms@40mA. Even so, 400 ohms is much lower than the 4500 I'm getting now. Getting the vactrols to 40mA required approximately 1.86v and that was consistent amongst the 5 I tested. If we can get the cathode to source 1.85v or so peaks, I think it will make a dramatic difference in the depth of the tremolo pulses, but getting there is beyond my pay grade and I wouldn't even know where to start. For now, I have left it as is, as I like a mild tremolo effect. The next person to use this amp next might find it lacking though.