An update for you all: I ordered the pot from Parts Express, stripped the Arcam down to the bare board - care must be taken because of the sheer weight of the transformer - and desoldered the old pot. I had done it before, but the solder sucker made it fairly easy. Then, I soldered six solid-core wires into the holes - the new pot was close, but no banana - assembled everything (took a while) and soldered the wires onto the new pot. Connected to source, speakers...and power. On power-up, nothing blew up. Started the music, and twisted the volume...MUSIC!
IT WORKS!!!
While I was at it, I put on new heat sink compound - the outputs bolt onto an aluminum block, then heat sink, the rear panel, more heat sink, and finally the cooling fins. Thanks to all for help and adivce!
By the way, I checked the original receipt - I bought this amp in August of 2001, so I've had it almost twenty years, and used it very little. Now, it's going to be a daily driver.