Well, if it were just Marshall we were talking about, and the cost of thousands of capacitors, I may agree with you, but; we're also talking about Tim and Frank, who HAD the option to use a small, single and safe capacitor. Instead they used the hot-shield method, which (and I'm guessing here) MUST have provided something to the overall tone that a single capacitor did/could not.
One of these days I am going to swap the hot-shields for caps, and we'll see what happens... It sounds so damn good that I hate to even mess with it. :lol:
For anyone that is interested in doing this mod based on my instructions, and you're wondering why Frank Levi's #34 mod is so different than mine, it's because in order to acheive the #34 tone with Franks mod, you had to crank the amp. The Master had to be set at 8, and Pre-amp had to be set at 3. This mod enables you to get the #34 tone at bedroom levels with the Master Volume set anywhere from 1 to 3.
The settings I use for this mod are: P10 B0 M3~5 T3~5 M1~3 PA 7~8.