I was talking with Rock Mumbles this evening and he reminded me of the power tube fixes for this amp. First, the screen resistor needs moved to the correct position, then the EL84 bias needs corrected, depending on the size of the cathode bypass cap, 240-270R cathode resistor. I also added a master volume but it is not necessary...
I used a 240 ohm cathode resistor and wish it was still a bit smaller, although I do have a 100 ohm (not-a) sag resistor that drops a few volts. My plate voltage is now 297V and the screen is 289V, prior to reworking the dropping resistor and screen resistor the screen was about 310V and the plate about 300V ... not good ...
I love this amp with the circuit I now have in it, I pulled the minimum number of parts to be able to rework the circuit.
First I pulled both pots, the stock op-amp gain control for the volume control ??? what were they thinking, and the tone pot mess, although if you want to leave the tone pot in circuit it can be rebuilt to the Marshall 18 Watt "normal" tone control, which works really nice for a Marshally V5.
I pulled R1, R9, R10, R15 and R27. I cut R7 as it's mounted on top of the socket (it might not be a bad idea to cut D9 and D10, so theres no power to the op amp even though it's not connected to anything anymore)
The easiest way to redo the input to bypass the op amp and associated circuitry is to jumper R10 and run a 68k (or less) resistor from the right R10 via (pcb hole) to the top R1 via, closest to C1. You should be able to place the input resistor lead into the right R10 via and bend the lead over and up into the left via to form the jumper. I put insulation tubing on the exposed input resistor leads.
For V1a, R3 gets switched to a 2.7k and C1 to a 0.68uf (film)
V1b is fine stock
R17 the EL84 cathode resistor is way too large at a 330 ohm it should be about 240 ohms.
Instead of just moving the screen supply like SciHi showed above, I replaced R25 with two resistors in series, put two 2.2k 2 watt resistors in series one leg goes into the R25 via (pcb hole) closest to C16, I put the other leg into the left via labeled R23 (unused) then I connected the left leg of R18 (screen resistor) to the junction of the two 2,2k resistors.
Then for the tone control/volume pot, I used the Framus mid control with a 500k Audio volume pot. The left via of R9 (closest to C2) is used for the tone control input and the volume control output connects to the left via of R27
here's a schematic of the tone/volume control ...