[Elecraft] What is wrong with my K2 #6705 ??

[Fred Bennett N9TA]

   Hi Folks

I stayed home from work today to do a little work with #6705.
At first I had NO output on 12 meters....FIXED...just WAY out
of adjustment on C44 & C46 (Very touchy until in the ballpark on
C44).

Here's the remaining problem....low output across the bands:
All readings taken with digital wattmeter into 50 ohm dummy.
80   5.37 
40   7.61
30   7.09
20   7.38
17   7.72
15   7.67
12   4.27
10   3.48

CAL/CUR has been set to 3.5 amps  (Should be WAY high enough)

Here's the interesting part....during these TX tests the BUILT IN power
reading shows in excess of 10 watts (meter pegged) while the outboard
meter shows MUCH less. I've double checked the component placement,
soldering, and Taken out and measured the values of R67, R68, D9, R66,
R69....and confirmed that C77 is a .001 cap. Everything looks ok in the
"RF Output Detector" section. I've noticed however, that when I first
go into TX mode the output spikes and cuts back very rapidly....it seems
that #6705 "thinks" it's putting out WAY more power than it really is.
The question why???

       Any help would be much appreciated!!   73..de..Fred N9TA

On a whim, I measured the DC resistance of my dummy load (old oil filled
MFJ paint can). It reads 63.7 ohm.....could this small a mismatch give me a
false power reading??