Here is the SCH for the 2550X with independent gain controls! (more what I had in mind anyway--50W)!!! Everything happens for a reason, baby. SWEET!!!
The LEDs are inside the lead circuit. (I know I cheated by looking at this first before posting it.

)The clipping diodes on the gain pot pull to engage the two 1n4007 diodes to ground further over on the board. I'm curious what the point of the LEDs are? Any other designs employ this? The SCH says the red LED is good for a 1.8 voltage drop, but I don't know how that would impact the tone.
Here's the 50W layout, all thanks to SDM:
He also notes the relay power supply on this layout is outdated. I imagine i could just use the Hoffman power supply.
Just plug it in, man.