The replacement cap is perfect. I doubt the original was faulty and it is very unlikely to have been 'smoking'.

More than likely you have pulled out the 'vias' on the PCB when replacing this cap - it's a super common issue.

Get your meter out and confirm continuity top to bottom of the PCB tracks in question.

Read all about this and many other helpful tips at PinWiki or send the board out for professional repair.

Yes, EXACTLY as I suspected.

I think, if you are serious about pinball repairs in the future, you really should learn how to use your multimeter CORRECTLY - and - MORE THAN THAT - UNDERSTAND what it is telling you when you make measurements.

By telling us that you thought a meter reading of "1.206" was higher than 1K5 tells me you need to study up. While I'm commenting, UNDERSTANDING what the meter is telling you is important - in this case you could have 100% ignored the last two digits displayed and read the meter as "1.2".

Same as measuring voltages - in almost every case in pinball repair you can ignore the last digits. IE: A meter reading on the 5 volt supply reads 5.275 - this should be interpreted as 5.2 or 5.3 - YOU need to understand things like this AND work out if a reading of 5.2V is OK in the circumstance you are measuring.