Thought this would be a good time to chime in here. I just finished my 1176 clone using the OEP in/out trannys and mnat's board.
http://www.pacinfo.com/~sholst/1176.gif
It works. It actually works really, really well. Best of all, it's quiet. If I have the in and out turned up all the way and if I have my headphone amp up all the way I can hear some faint hum but that's it. At normal use levels it's dead quiet. No heavy buss bar added, just the basic board. Lots of gain with this setup as well. I couldn't be happier.
I found, like others, that it's important to have the center tap from the power supply go to the board and not directly to the XLR ground point. The torroid placement is pretty important with this too.
I also used the non-interlocking pushbutton switches and like the way they look. Yeah, it'd be neat if they were interlocking but this is okay with me.
A huge hero type thanks to Gyraf and mnat as well as everyone that posted tips and helpful advice for this project and kept it organized. You guys are the best and deserve much more thanks than just I can dole out.
Steve