Hi, poty. Thanks for reminding me as I meant to post the remedy I was given for the hot resistors.
I removed the hot resistors (R4 and R7) and I replaced R1 and R11 with 10 ohm resistors. Jim mentioned that this was to get more headroom and share the heat load between them and the regulators. That worked great for the heat problem and he suggested I either leave R4 and R7 out, or change them to 4.7k or 10k as they provide a minor snub to the tranny when the diodes turn off.
Jim did say the caps were fine, but something really irked me about those voltages on C1,2,4,5. If the new tranny doesn't help with those then I'll give that diode trick a try.