Just a few extra thoughts........
There are a lot of scattered solenoids that you might overlook at first, which are unique to older machines.
Double check the solenoids for the coin door lockout, it's right next to the lock tumblers on the inside of the coin door, and got the bell on the inside of the cabinet, left sidewall about half way back. Most people don't even realize they are there and never check them.
The good thing is that it looks like you're dealing with a system-6 power supply, which avoids all the GI issues of a system 7.
For the solenoid transistors, use TIP102's instead of the TIP120's, they're more robust.
Then you have the 7408 IC chips, I assume you put these on sockets already? Don't use 74LS08's, apparently they don't deal with the load well, but you can use 74F08's.
Definitely bring up some 9pin .156 molex connectors, at least 4 preferably six, and swap the connectors for the solenoids, specials, and possibly the lamps as well. Use trifurcon pins if you have them. The IDC connectors cause all sorts of havoc long term, what a pain in the ass they can be. Inspect the board for these connectors as well, look for cracked solder joints, if you already have the driver board you might want to consider swapping the headers while you still can.
Now that I've had my own Black Knight for a few weeks, and have really started diving into how the board works, I'm getting a good handle on what can cause what. It's simpler than it looks, just a lot of the same stuff repeated a number of times, both on the board and the playfield.
I'm surprise nobody threw this link out yet
http://www.pinrepair.com/It REALLY covers the system 7's fantastically.
-Hans