you say full output , does this mean you have a full dead key ?if you have a full dead key that is usually the sign of a bad tr51. clarify what you mean by full output. are you getting a 2 watt dead key on low and say a 6 watt on high and can you turn them up and down with the VR's in the radio. how about posting voltages you are getting on tr51.
after thinking more about this have you verified you do not have a broken lead to the mic jack ? have seen a side mic version the nut come loose and it would short D77 or pull a lead off the plug inside the radio. you said you do not have the PA mode either so this makes me also think some thing is wrong at the plug inside the radio.. assume this is a side mic version since you said it was a old one. losing audio is one other thing I am thinking. more detailed info would help.
one other item to check, make sure your echo board connections are good. if you have to bypass the echo at the audio wire to see if you get audio out. if you have bad dirty connections or one came loose you will lose audio out.