I have a Fender Princeton Chorus which had a similar problem. On the lower notes, especialy the low G, I was getting a really weird sound, for lack of a better term we (my friends and I) called it a "speaker fart." That is exactly what it sounded like. It was frustrating to say the least. I tried different speakers, different settings, cords, guitars etc... Finally I noticed a little rough spot in the bass control so I decided to change the pot, not normaly a problem but the chasis design of solid state Fender amps is a little tricky to work with. I not only had to pull the amp but had to remove all the jack/control nuts just to get inside so I could get to it. Once there I discovered the pot to be 3 prong, soldered to the board with a soldered on shield around it. The pots on Fender amps are small and require exactly the same part to replace (there isn't room for a larger size to fit.) Anyway my half hour repair turned into a two day nightnare of part hunting, finally i found one, managed to install it, somehow managed to not loose any screws or nuts and got the thing back together. It was a lot of hassel but it did get rid of the speaker farts. Unless you have the patience of a saint, let a qualified repairman figure it out for you.