I recapped mine, Deoxed everything and put it back together only to find the stereo and ambience modes not working in FM.
They work great in AM, aux in and cassette but not in FM (my stereo light doesn't come on and the meters go dead).
While I was probing a resistor with my dmm, I touched another component and shorted something out then had no sound at all

I THINK my trouble is the "voltage regulator" transistor on the heatsink but won't know for sure until I change it out.
Does your AM work?
Does your aux in work?
Do you get anything through the headphone jack?
It's possible that you might have to take the switch apart and clean it.
I've taken every switch, including the record bar, apart to clean them.
It's not fun, is time consuming and fairly delicate work but in the end you can definitely count them out as a potential problem and should never have to worry about them again.