Be careful, the A700 has some IC's in it that are made of umobtanium. Check the big capacitors screwed to the top heatsink for leakage.
The capacitors on the main switch board should be replaced, they are time bombs.
My A700 slowed down as well, it was caused by a bone dry capstan bearing. Oil the capstan motor with a fine machine oil like sewing machine oil, NOT 3-in-1 or anything like it. The A700 needs some special care, you MUST protect those IC's that run it. They CAN be gotten, but the people that have them will rip you a new one for each.
PM me if you want my phone number. There's lot's to discuss on the A700. It's rare, and needs special attention.