first, this echoplex, purshased for about 120 or 150 $, had several plaback heads in line ! and i had to find a transport bar for the write/erase combo head. in line, a bit like a copycat, it didn't work ... it came with 5 playback heads and a board for each ! + some volume pots for each head.
i could find this transport bar on ebay some months ago and i managed to set the mecanic just right.th motor is even better than in my first echoplex. i want to restore this one as an exercise for my first one : i worked on it years ago but didn't totaly figure out a few problems it still has, but it's playable and i dig its sound. So, i'll work on this one and check and replace probably each part !!! cap after cap, resistor after resistor, head after head, pot after pot ....
So ... if every new part coming in is just right and into specs, there's no reason that it wouldn't work perfectly.
i'll even replace all wires , because as Rgorke pointed out, one wire on his echoplex had continuity but was damaged and it wasn't visible, so it poduced some noise. hence, i'll replace all wires.
i'll replace these carbon comps mostly by my piher resistors, carbon film.
tonight, i just started with the power section, replacing the 500 uf electrolytics by some new ones ( but in the future i'll replace them again for some atom sprague, just like in my first ep3 ) .
So ! to help some guys who work on their echoplex, i'll post my handy help ! it's the result of a big work on it.
And by the way, like Rgorke, i'd love to see an echoplex section on this forum !

here it is, the echoplex when i received it :