Hey Reel & Beck,
I'll try one more time scrubbing the R/P head with the isopropyl and q-tips. I'll take the head block off so I can get better leverage and use even more pressure than I did the last two times. (any stories yet about damaging tape heads by over-cleaning? Maybe I'll be the first

). What the heck, I'll break open another roll of 407 and try testing again. You never know, I may get lucky on the 3rd try.
I really wish the problem would just go away, I'd rather be using the deck instead of fixing it. It already blew a filter cap and bridge rectifier last week. Luckily, I found replacements at a corner electronics supply house.
Reel, it's a Fostex Model 80, not a Tascam 388. I really don't like DBX NR, and after briefly owning a 70 lb tsr8 I swore that the next deck I get will be lightweight and portable. Dolby C @ 15ips gives just about as much hiss as I can stand. On the other hand it seems to be easier to drive the tape into saturation compared to DBX.
Reel, as a matter of fact the Ampex 457's reels were NOS with the shrink-wrap still intact.