Andy here a youtube post of the sound If you see the meter its up from the dead key from another radio with modulation just a dead carrier.
Here is the second with just receive if you see the meter jump with the static on the meter
thanks Bob
Some of that appears to be bleedover "crosstalk" for the quieting occurs inbetween keyups - and the jump is from the key and unkey - that's what that sounds like..the one on the bottom #3319.
The one on top though #3320 - should not have any noise and yet it's there - ok this "static" is from the Audio Chain - but to localize it requires to adjust volume all the way down - still hear it at same magnitude? then the problem is between the Volume control and Audio Amp chip or it's feedback components.
Best to keep a Dummy load on the rear antenna jack too - for is the noise disappears from shorting resistor - then you have a bad solder joint in the rear panel - The SWR function - works ok? This little part can easily show if you have mounting and solder issues on the inputs.
Did you reheat - reflux/solder some of the area by the audio chip? The noise certainly there - and I'm surprised those green mylars were not the cause of this...
Now this is a long shot, but are all the POTS Volume RF Gain and those controls - are they soldered good? I know of only two radios with "crackle" noise that had their returns to a spot of the board that was not soldered well and they were a PITA to locate - because the resistor checks were ok, just the noise was from their RF Bypass to a board mounting screw right near it.
Check RF gain control - are you seeing any voltages at all? Check Pot terminal to Tank Can case (Foil ground)
I do see "flinching" on peaks but man if it's in the RF chain Double Check VR1 - it uses a cap to shunt IF signal. It uses carbon composition and although used, it can also be removed and observe the operation of the IF to make sure it's amplifying.
Now, as you dead key, I notice the meter does not "bury in the Cherry" so you lost a lot of gain in this area - like a bad connection or coil wind not making the best of connection.
Just some thoughts...