+1 on arledgsc's advice to the negative feedback.
I have been busy trying all kinds of mods since my last post. Besides the 100K NFB resistor my next favorite mod is to lower the PI coupling caps from 0.1uF to .039uF in my case. This helps reduce blocking distortion and smooths out breakup. This one really makes a big difference.
I have also changed the tone stack components slightly to in an attempt to tame the bass response. I have succeeded and my ear likes it. Instead of the bass turned all the way down as before it now sits on 3 - 4. We're talking about a dB or so of less bass so nothing drastic but I now have some range on the bass control.
I finished a JTM50 Black Flag this weekend. Used many of the same mods on it as my JTM45. Sounds really good straight away and I love the grind of EL34s. I think I am done tweaking the components for a while as I am quite satisfied. If I can ever afford NOS tubes then I will try some of them.
Scott