I had a problem with my V-4B Reissue losing volume on a gig the other day. I had to use my backup amp to finish the gig. The ultra lo rocker switch was the culprit and would only function properly when i pushed on it.
Once i got to opening up the amp and troubleshooting, i discovered a design flaw.The rocker switches are soldered onto a pcb board which is mounted to the painted metal amp frame. Other circuit resistors etc are also soldered to this pcb and protrude below the board. The problem is that the component ends rest directly on the painted frame and in time, as mine did, end up making contact with bare metal. For me, this resulted in part of the tone control cct being shorted out, and malfunctioning.
To fix this i (cautiously...high voltage) removed the 2 screws holding down the rocker switches, put a piece of electrical tape under where the pcb rests on the frame, then put the pcb back in place. The amp is now back to its wonderful self. Hope this helps someone down the road.