This is the amp I mentioned in another thread, it was a total mess. Now every single wire has been replaced and the power tranformer has been rewound.
The power transformer now gives 330VAC instead of 340VAC shown on the schematic, so all the voltages are low vs factory specs. The amp sounds good tho.
Also the PT gets hot, I can leave my hand on it all day, it won't hurt but still hot, not warm. This is my first princeton so I'm not familiar with it.
I also did the suggested mods by Rob Robinette: Adjustable bias (already in the amp), phase inverter grid stop, power tube grid stop and screen resistors. Everything works,
BUT!!
The pilot light oscillates with the tremolo effect 
The owner said this behavior was present in the amp since he got it, so it followed the rebuild.
This is what I noticed. With the footswitch plugged in:
- Tremolo OFF - Speed '0 - Intensity '10 -
Current draw on 6v6s goes up by 2mA on both tubes from 22 mA to 24 mA (this time I biased the amp a bit hotter). No pilot ligth oscillation.
- Tremolo ON - Speed '0 - Intensity '10 -
Current draw on 6v6s oscillate. Pilot ligth oscillates.
What could cause this symptom? The pilot light is a separate circuit from the bias. But they share the same ground point in the chasis with the virtual center tap from 6.3v heaters.
The readings in RED were taken with cold bias, max negative voltage. Power tubes were drawing 16.4 mA both.
