Since the amp sounds so good, I will probably leave it alone...but yes I am a bit frustrated because I still have no idea what a regular LB30 or CTM 30 sounds like.Yeah. I would say it's worth your time an effort to sort it out. I bought mine with nothing wrong except the mid pot being a little scratchy. Spent another 250 shipping to and from having some leds installed and I still love it.
IMHO it would be a lot of work to put it back in spec with the schematic. It might require cutting the circuit board to route C15 back where it belongs. But it may be possible to simply cut one of the leads off K3, and then use a jumper from that point to connect C15 back to the original junction. It would also be necessary to change a bunch of components back to the original values and swap the Bass and Middle pots. Replacing some of the components most likely would require pulling the circuit board out of the chassis. The after you get it all back together, the labels on the front panel would no longer match the controls.
I think it's pretty obvious they put some care into selecting component values that would produce a good sound with the new configuration. Many of the component values are actually embossed on the circuit card.
I spent some time playing with an online line Tone Stack calculator. There was not an option to model the exact circuit, but by fiddling with the values in the Fender TMB and Hiwatt tone stack, I think I know what it's doing fairly well. The Middle control does appear to be as effective as the models seem to predict. It appears the mid shift selector (K3) varies the amount of mid scoop that is baked into the circuit. K4 determines where the low end rolls off. The roll of in both positions seems to be at an extremely low frequency. When I am standing next to the cab, I can't hear any change when I toggle the switch. But I may hear a very small change in the sub bass when I put a bit of distance between me and the cab. Hard to say for sure because it is very subtle as best. It might be nicer if one of the options thinned out the sub bass a bit more.
