It's very hard to get de-oxit into that switch and it could still be dirty to the point of blocking the audio. Also, it's always a good idea to get the unit working before rebuilding. The rebuilding process is very invasive and it's easy to make a mistake. Having new problems overlapping with old problems can make it very hard to troubleshoot.
If you are getting sound from one channel, it's not in protection. That means the amp is probably OK and you should focus on the pre-amp. Do you get sound from both channels when the mono switch is on? If so, the dropout is occurring in the signal path before the mono switch. If it's still silent, the dropout could be anywhere in the pre-amp, in the connected/separated switch or in the speaker switches or speaker relay.
If you have an oscilloscope you can pretty quickly determine where the dropout is occurring. You can get a small digital oscilloscope now for about $50. It's all you need for signal tracing.
A 150w bulb may not provide enough voltage drop. The higher the wattage, the lower it's resistance. On an unknown unit I usually start with 60 until I'm convinced it's stable then I switch to 100w for safekeeping. It won't interfere with the protection circuit on this model.
- Pete