Hi!
Thanks for re-checking My work - never know these days...
When you are able, this thing (radio) when you take the covers off - you get modulation back?
Ok, that means the foil traces, you have got a cold or broken solder joint.
Ok, there may be hope for it.
When you lose modulation - does power drop as well?
C94 was the one I had questions about, but when you said that the PA worked - it meant that the MIC amp circuit works in this case - so C94 would not have been the problem.
Ok, you did a little more research - and yes, it looks like something in the limiter section has failed. The best case scenario is to remove the Limiter transistor (TR14) - if all modulation is restored, then the limiter circuit was the problem - only now we have to look for the bad part.
But also - you have a two fold problem - you may have inadvertently located the audio cut-out problem too. Both TR14, TR13 (Limiter and Mic Amp - Respectively) and the Audio Amp are in this same area.
I would reheat, add and reflow and soldering joints especially around the Audio Amp chip, in an effort to re-establish the audio modulation and if this works - it's ok.! Meaning, the Limiter may be ok - it (TR 14 Limiter) doesn't fail normally, but the Audio amp - being where it is - along a side panel and oftentimes Torqued with knobs to mount it firmly - does distort the cases' side mounting rails and hence - pull the audio chip away and off of the soldering pads used to connect it to the radio...it does happen - a lot in mountings like in Trucks and Semis.
Do the above, reheat stuff and check for audio - if it returns you're ok, if not - remove TR14 and if the audio returns - and PA works without a hitch - then you need to make a choice.
Either you; continue to repair the limiter section, or choose to run the radio with you riding the mic gain controls all the time while you talk, or do you want the limiter to help you keep the radios' TX audio down to a level that others can understand you - a power mike can easily sound distorted if you run one without the limiter - and you'll have the "Test" the mic gain and adjust the power mike level so the background audio in the vehicle doesn't climb in with your voice - and cover you up.
:+> Andy <+: