Solved!
The circuit breakers saved me another dozen fuses or so. They're awesome. So here we go:
I discovered that the fuse would only blow when the playfield was in the cabinet. We were able to figure out that as the playfield was being dropped down, the fuse would blow. It would happen as soon as the pivot touched the rail in the cabinet. Now, these pivots had electrical tape wrapped all around them for some reason, but it had worn off at the points where the pivot slides on the rail. I always thought it was weird, but now I know why the last person put it on there.
As it turned out. There was a stray washer under one of the plastics sitting right HERE:
flasher2.jpg
You can just barely see a T-nut poking out of the playfield there. The washer was wedged right in that corner touching the T-nut and the ball guide. That T-nut is what the playfield pivot screws into, of course. Now, that alone wouldn't cause my problem, but as you follow that ball guide up the playfield you'll find this:
flasher1.jpg
And the flasher lug you see there was also touching the ball guide. So, flasher socket touching ball guide, through fallen washer, to T-nut, through screw to playfield pivot, to cabinet rail, to ground braid and a blown fuse.
Here's another reminder to FIND WHAT YOU DROP when working on your machine.