I think I got it. I noticed that continuity between ground and pin 4 on IC2 was a fair bit slower than IC1 and 3 (they were instant). So I pealed back the Punch pot and reflowed pin 4 on the socket. It looked fine, but that seems to have done it. I now have sound. Hopefully when I re-wire the 3PDT it will all work as it should!
Thanks for all the help!
First time I've experienced a bad solder joint. So weird, it looked fine.