Thanks for the reply. I think you are right that the EQ PCB gets a lot of heat because of a big transistor nearby.
I have two R-X40s. Both had these EQ problems. The first one I fixed by reflowing all of the solder joints. I was trying to actually troubleshoot the second one and make sense of what is happening. The way it was acting, it seemed like a bad cap or one that needed reformed. If that were it, replacing the electrolytics should have fixed it. On the first one, I was kind of thinking the heat from the soldering iron may have done something to "wake up" some component (electrolytic cap) because i did not see any obvious cold solder joints. I have used a plastic pick to tap on the PCB too. If it were a cold solder joint, that should have got something acting up. What really gets me is how you can turn all EQ bands up and raise the volume up high for a minute or so (no speakers or headphones connected) and after that all works fine until powered off. That's why I was almost sure it was a bad cap. I haven't had a chance to mess with number 2 lately. Maybe I''l just stop trying to figure out what is really wrong and resolder the whole board.