Chad -- If you simply remove the components between the Tape Monitor input jacks and the Aux/Tape jacks, that will allow you to then have two completely separate inputs without any bleed over between them. However, the two inputs will still have distinctly different sensitivity levels, with the Tape Monitor input requiring a higher volume setting to achieve the same sound level from an otherwise equal input signal level presented to both inputs.
In my thread where I modified the 400, I addressed this problem as part of a whole suite of areas I addressed in this receiver, electrically moving the switch in the circuit so that the Tape Monitor input now has the same sensitivity level as the Aux input does. Of course, the bleed over components were removed as well.
You could easily remove the bleed components, and also electrically reconfigure the Tape Monitor switch as I did in that thread. The underside of the 400 can look daunting to those tackling such issues for the first time, but in this case, its mainly just a rewiring exercise, requiring no new components to be installed.
Dave