GrahamH: You didn't happen to leave on a tape monitor switch or a mute switch ?
The beautiful thing about repairing STEREO equipment is that you have redundancy in the fact that there are 2 identical channels and corresponding circuitry. It would be quite unlikely that there are identical failures in both the left and right channels.... a good suggestion is that you should look for things that will affect BOTH channels, like switches, jumpers, special modes of operation, and the power supply, etc. Based on your last comment regarding the Main-In terminals the problem is most likely in the Main Power Amp (not the Pre-Amp) since it does not output any signal to the speakers when you applied a good line level signal to the Main-Amp inputs. If both channels are affected the place to start looking is the power output stages.... if just one of the channels is bad, the speaker relay will not enegize thus both channels will appear dead. By the way, as you said... you checked the main B+ voltages of +/- 44 VDC, but what about the B+ that supplies the lower regulated voltages to the preamp and drivers? A lot more investigation can be done without a schematic just yet. You might want to go to the website for this newsgroup and look over the weath of troubleshooting and repair tips...
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plan to spend some search time there and dust off your test meter and oscilloscope and perform some more troubleshooting. electricitym . . .