The Voltage checks are as follows:
I = 228v (when I touched the pin the led that was out lit, as did all the led's on the right board, this state lasted for 5-10 secs)
O = 0v when led's out and 148v when lit
K = 3v led's lit and not lit
I think I was understating the severity of the pops and crackles, they are speaker destroying.
The reading at "I" seems to indicate a solder joint that isn't right. That is, when there is pressure on it you get conduction. Did the LEDs go out while you were still taking the measurement?
I would re-wet all solder joints around this point.