> When the gain is then lowered it carries on working after it has "blown through"
Yes, for a few minute or hours, and then it gets crappy and you have to "blow it out" again. It is dirt, oil, tarnish on a contact somewhere. A few volts of signal will burn-through, but it always comes back.
> I will check all contacts first
Do that, buy me the beer, and drink it for me.
It may not be that easy. I had a pretty steady job keeping an ARP 2500 working, because the thousands of contacts in the modules and the patch-array gave more and more trouble as they aged. Sometimes the real problem was hard to find.