I understand what you mean to test for 110Vac, but as to where to place the probes, I have not a clue. I am not sure where 110Vac should be going into a monitor or going into the filter. Actually, not sure what you mean by "leads into the power supply board" either. There is a molex connector with many wires going into the power supply board ..... do your mean test a couple of these wires or something different?
I do see the 3 Pots on my Power Supply board. The diagram in the PDF of the power supply board shows the Pots are -5V, +12V and +5V. Should I check for these positive and negative values, or should they all have 110vac? Basically, what is the difference between V an vac? Not real sure where to put the probe on the wires leading into the pots either ..... I will try to play around with it.
I just got back in from the garage trying to probe around loking for 110vac (before reading your latest reply), and I felt like a real idiot and having no idea where to put the probes. I gave up. I will retry again and see if I feel any smarter ...... 
I feel bad about this, but I am also laughing a bit as well at how inept I am at even understanding what most of you consider trivial stuff. Hopefully you will continue to hang in there with me before going completely mad..... 
Heh, we all have to start somewhere. Thank God you have a "screw around" machine to toy with. Well, let's start with the basics.
When I say "VAC", that stands for "Volts Alternating Current", or the stuff that comes out of your wall. An arcade machine power supply (or a computer power supply) takes that current and turns it into something that is OK for a circuit board, or "V" (volts, understood to be DC or "direct current").
There are a few things that use VAC in your cabinet. The monitor uses it and the marquee lights use it. Everything else is converted by the power supply (the circuit board, the coin lights, any motors the machine may have, etc). SO, you put 110 VAC into a power supply, and it spits out +5v, +12v, -5v, etc. (if working correctly).
So in essence, you need to get the 110 VAC to three things in order for the game to work as intended. The coin door switch that you have will kill the 110 to everything on the other side of the switch, so if it is "open", it'll look as though the game is completely dead-- no marquee, no monitor, no game. The wall voltage will stop at that switch, and no current will go anywhere.
To see how to measure for 110, go ahead and stick the leads in to the wall socket. It'll register as 110VAC. Next, plug in the game and follow the cord to the next "step" in the circuit, in this case the filter. Check the VAC on the other side of the filter. You should get 110 VAC there, too. If not, you may have a break in the wall cord. This can sometimes happen if the cord gets pulled or crushed, so it is a possibility.
Now follow the two wires to the next step in the chain (skip the isolation transformer, as I doubt that it is bad). It should be the door kill switch. Close the switch (you can probably pull the switch out so it says "on" while you have the door open) and check there. If you get no voltage there, the switch is probably bad.
Other places to check for AC- The monitor should have a thick black cord running up to the monitor that can be detached at a Molex plug. Detatch the Molex and stick the probes into it, and look for 110.
So, where do you put the probes? Well, I would take an alligator clipped wire and attach one end to the black probe of your multimeter, and the other end to the green wire lead on the right hand side of your filter. That is known as the "field ground" and it should be okay for your ground as long as your line cord has that third prong on it. The red probe is the "live" probe and you use that on places that should have juice.
Just remember, be careful when you are probing the 110. Once we get through this part and start looking at the 5v, 12v, etc, the shock hazard will be minimal. But 110 is the wall voltage, and if you take a zap, it'll sting.
I hope this helps and you find the problem (but I have a feeling that this is just the beginning). Just keep me updated and I'll help the best I can.
APf