Basically, you have the first stage coupling caps going directly to the preamp volume controls, and the wiper of the vols going directly to the grids of the second stage amp/mixer.
When you peg either volume, it gets really fizzy. Turns out that you get grid rectification going and you end up with -15v on the grid -- almost total cutoff! When the volume is pegged, the coupling cap is connected directly to the grid.
This is the same phenomenon that causes the 18watt "buzz" problem.
I always liked the 470k resistive mixer better, now I know why.

To be fair to DR, I don't think he was planning for people to run his amps on '10'.
--mark