This thing pretty much mops the floor with my old Plexi reissue and is my favorite amp ever. First some clips to show you what you get.
MIM Telecaster & SD-1 OD (vol @ 5, Drive @ 2). The amp: channels jumpered Vol I @ 5 Vol II @ 8, pull pot out for the cathode bypass cap secret sauce.
[video]https://www.youtube.com/watch?v=qPIEzNvQgts[/video]
Les Paul straight in, channels jumpered Vol I @ 5 Vol II @ 8, pull pot out. No dirt pedals required.
[video]http://www.youtube.com/watch?v=lQh1gwLCtCA[/video]
How do?

Service related
A) Filter cap replacement, two 2 x 50uf /500V cans replaced the old 2 x 40uf dynamite sticks
Plexi mods
B) Replaced 470k volume controls with 1meg volume controls. Used pull switch pot on the bright channel which lowers the cathode resistor value and adds a bypass cap for a gain bump. For the switch I went with a 2.2k resistor and 25uf cap parallel the existing 1.5k resistor because that's what I had. Using a 1.8k and .68uf cap gets you to the actual Marshall specs but it sounds great so I'll leave what I used in.
C) Replaced 100k mixing resistors with 220k
D) Tone stack shift – replaced .01 & .1 caps with .022 caps
E) Tone stack shift – replace slope resistor with 33K & replace 320pf cap with 500pf silver mica cap
F) Re-purposed the old ground switch to switch the feedback resistor between the stock 100K and 33K which adds some sag. I actually like the stock position best because it has more punch in that position.
Tubes
V1 - I63 Blackburn Mullard
V2 - Short Plate Sylvania
V3 - Long Plate Sylvania
Power - Tested and kept a pair of Mesa labeled Shuguan EL34/6CA7's
I snapped this picture before I added the cathode bypass cap which is installed parallel to the resistor coming off the top right corner of the board.
