Well this is a new one on me...
Okay first of all I confirmed the dead meter lamps are just that...dead lamps. There is power getting to them.
Next I went through and tested all functions...scratchy switches and pots abound...but everything else works...except...none of the line input jacks work, nor the tape return jacks.
I start taking the belly panels off and I see some hand-written numbering marks on the main cross-brace of the chassis...then I recognize the weird lumps sitting on the brace...transformers. Okay...so somebody has added transformers to the mic inputs. Interesting. Okay. I start tracing the wires to and from the trafos, and cross-referencing with the schematics. Somebody converted the insert jacks to balanced line inputs...and lopped off the wiring from the tape input jacks 1-8 to input channels 1-8. So there are no tape returns accessible on channels 1-8 (only in the monitor mixer), the line input jacks on the channels go nowhere, and there are no insert jacks anymore because they are balanced line inputs. The transformers look like garbage too.
Having inserts as well as the internal path from the tape return jacks to input channels 1-8 is a considerable loss of functionality. I just can't understand why somebody would hack like that.
So I'm pretty sure this mixer could benefit from a recap, it is missing the side panels...the meter lamps are burned out...it needs a good cleaning, and somebody went and messed up the inserts and tape returns.
I'm trying to decide if I should bother ripping out the trafos and reverting the insert, line input and tape return wiring.
Thoughts? Regardless I'm going to sell it as much as I like the M-300 mixers...I love the feature set, the look, and I think they sound nice.
I'm just trying to decide if it is worth the work to make it "normal", and then ask a little more money for it than I think I could get trying to sell it in its current janky state.
If you look closely you can see the transformers lined up on the cross brace...one of them is hanging free there behind the brace:
