FYI - I just ran the reel test on my working FT to compare. First thing it does is a full spin to find home and stops with hole 1 straight up and opto1 and opto2 closed. Yours is wrong at that point, no hole straight up and opto1 and opto2 open. This means yours is not even finding home correctly to start with. Not sure why. (notice how the graphic shows 1 is straight up, but yours is not when it first stops)
Don't forget to give the motor board a look at also.