Thank you AGAIN for the response.
Once again, I failed to use the best tool in my toolbox ----My EYES---- and should have deduced that the CPU has no video output of its own just by looking at the wiring and NOTICING the only input, aside from +16V, to the NTSC board is a 75 ohm Coaxial cable coming FROM the player. Sorry about that.
The conclusion thus far is that the main CPU board and power supply (which was checked) seem to be good since the game does coin up, Beep, tries to read the Laserdisc, and has normal FFFFF on the display.
So then the problem is likely the LD Player or the NTSC converter board. We tried playing a regular Laserdisc wth the Player hooked to a TV and got the same result as in the game-- just a white screen with a grey 2 inch band at the bottom.
So can we hook an NTSC source like a DVD player to the NTSC board and have it display on the game monitor to test the converter board's condition?