Wacky...wackywackywacky...
This fader thing is a cool stumper.
BTW, thanks for the clarification, demented. In my staring at the fader board here and there these past few days your explaination ties it all together with how signal is flowing through the fader...the element on the board that dead ends on one end ties to the output at the other...that element is a constant resistance and low at that. The other element is the resistive one and goes between the input and ground. Like you said (I hope I'm understanding correctly), when the fader is all the way down the easiest path for the signal is for it to pass straight to ground. As the fader is raised the resistive path to ground increases in resistance gradually diverting more and more signal to the output. did I get that right? The wiper is actually two wipers tied together (that's two for each channel on a stereo fader...4 total)...one end contacts the output element, the other touches the resistive element which goes between the input and ground...so the wiper bridges the two elements together, and when the fader is down the output is physically furthest from the input. Its down at the ground end of the trace, but it is still easier for signal to go straight to ground rather than cross the bridge through the wipers to the output. And then when you raise the fader it is physically bringing the output closer to the input making that bridge the easier path for the signal.
So anyway, I was trying to figure out what is going on with my master fader. I actually pulled the fader completely apart so I could look closely at the wipers. They are made up of really fine stiff wires!

The basic faders that were put in many of Tascam's mixers (not the tall-bodied chrome ones, but the short ones) as well as all the pots I've worked with have wipers with 3 to 5 individual contacts. The wipers in these faders have like 20? 25? 30 for each? Didn't count them but I
did find a couple bent ones and I thought I had the problem licked...figured the wayward wiper wire was hanging over into the array of short traces (the mystery traces) on each side of the resistive trace. Cleaned everything up really nice...problem still there.
Then I got the brainiac idea to test the characteristics of one of the channel faders. Unplugged one, clipped on the DMM between the input and output,
and the output level bounds up and down just like the master fader...
...! But the audio output doesn't present that way.
So I took a closer look at the mystery traces...If you look close you can see that each main resistive trace (the ones that go between the input and ground) is connected to an array of those small elements. Look...I circled 4 of the 5 little bridges that go between the resistive element and the array of elements in bright blue (there are 5 total, one at each end and 3 in the middle...you can't see the first one because it is behind the wiper chassis):
So I discovered that my drops in signal happen right when the wipers pass by those little bridges, which makes some sense if those bridges allow signal to go other places besides either ground or output...like looping or something. FWIW, just for clarification, all the black is conductive surface i.e. element. All the silver is a conductive trace, but non-conductive on the surface.
So anyway, I kind of figured this whole problem was related to me flipping the fader 180-degrees for wiring convenience. I don't yet understand why the phenomenon presents itself on both a channel fader and my master fader when out of the mixer (i.e. output bounding), but when in the mixer the master fader performs as it presents when out (audio level bounds when raising the fader), but the channel fader behaves like it should (i.e. even taper). It most assuredly has something to do with the easiest path to ground.

I'd have to understand the nature of the main resistive element to have a real grip on this thing, but the bottom line is that I think I'm gonna need to rewire the rewiring job. My assumptions were not correct before, and hopefully they will be right this time (that all will be right when I put it back the way it was.)
It still leaves one big question:
What on Earth are the arrays of short elements for??!!?