Wow!
Thanks guys for responding so quicky!
I thought it was strange that both 1204 and 1205 seem to blow as well. I noticed that even after both of the fuses blew, the phantom power led and switch still seem to work. I did a test to see if the board was outputting anything at all and nothing was passing through, no hum or anything.
I can remove D1201, it looks like it may be a bit of a turd to remove (decent hunk of glue on it). You'll have to forgive i'm still new to a lot of things, but what would be the simplest way of testing D1201 with a multimeter.
An1201 can be disconnected, it routes to the HP board. I tried disconnecting all of the pin connections but as soon as i plug in the connector from the transformer it blows the fuses. I'm trying to cut down on my fuse consumption seeing as I've been through 12 so far (stupid i know).
Thanks again, all this is greatly appreciated.