Okay, I see it on the other schematic. I guess you figured out I was just focusing on the input board. I'd like to know why the circuit needs it. I'd say (after looking at the main input circuitry), that C20 is used to block the DC voltage. I still believe the pot on the input board needs a GND connection. I'm waiting for Splitdog to answer my question about the outer pins of the pot.
C20 prevents the DC getting to the opamp, but passes the cracking caused by adjust the sensitivity resistor.
You're still thinking the pot is a volume control, it's not, it's mostly an adjustable load for the mike, plus a bit of crude level adjustment as well. The input also isn't floating, it's got R45 and R47 preventing that.