Thanks Simon.... Your comment and the pdf explain it very well...
Interesting that the switch is between the tone and vol controls... works more like a mute circuit than a selector..
A search for 330k pots has been unsuccessful so far, however I can find Bourns 300k pots out of the US. Not sure if I want to spend the money
I think I'll try wiring it up as close as possible to the pdf without the stereo socket and see how that turns out. I'll probably use 500k pots on the HB side and 250k on the JB side. I have a Bourns 250k with pull switch so will try that as a bypass to short out C3.