The 580 also has a similar smell. I don't think it's from the PCB. Smells more like transistors or resistors.I noticed on my Nakamichi 681ZX and 500 that when I was recapping the boards and cleaning it with isopropyl alcohol the board coating was sticky and also had a distinct smell that was hard to get rid of.
Head is perfectly clean. This deck was very well maintained and hasn't had a huge amount of use.As far as the R channel, have you tried cleaning the tape heads?
It's no big deal. Right now I could care less even if it records at all! It works! So I'm VERY happy!What happens if you try to record and playback the Dolby test tone? Do the VU meters work correctly?
I now have 150+ tapes to test. There's also the 580 that still needs to be fixed. Then there's an RM-580 that seems to also be broken...
Then there's a very nice CD player that needs a belt for the tray. Then there's a turntable that needs a new mat. Then there's a preamp with a badly rusted top and back panels. Then there's the power amp with a rusted top panel... it just goes on and on.
So whether the 480 has working VU lamps or if it even records really isn't important at this point.