C 729 is big because it is a non polarized cap. I've seen maybe one or two bad, ever. U 701 is pretty rock solid and I doubt yours is bad. R 301 and R 303 are the resistors I would look at....they are 1.2 ohms and can not be even 2 ohms.
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with some tolerence given for your meter and the resistors, I'd say 1.6 ohms is probably good. Have you ever used the lamp as a load for the power supply? That would isolate the problem between the power supply and the high voltage section on the chassis.
after your chassis wigs out....measure pin 10 on U701 for 12vdc