So I got my degaussing coil in the mail and ran it over the TV multiple times last night. The TV was about 50% distorted before the degaussing coil... after the first pass I would say that only about 5-10% was left. Second pass, third pass, I could only get the distortion down to 5% or so. One section on the left hand side would just not clear up... it was significantly better but the color was definitely shifted a bit.
Out of frustration I start tipping the monitor forward and the distortion gets worse... tip backwards and it starts going away completely. I start thinking for a second and I KNOW for a fact that nothing is moving inside the case, so it's gotta be reacting to outside influences. Instead of tipping it, I start rotating it and moving it away from the back wall a bit and sure enough all distortion is gone.
I've narrowed it down to two possible things causing the distortion... there's an home A/C unit outside of the house on the other side of the wall (about 6' to the left of the TV) and there's a ceiling fan in the room (about 6' above the TV). Neither the fan nor the A/C unit were on during testing, but I'd imagine it's the A/C unit throwing things off since it seemed to get better as I moved away from the wall (and the distortion was on that side of the TV) but if any of you know for sure I'd love to hear it.
Either way I'm very optimistic about this build now since although this is the room that I plan on keeping the arcade in, I think as long as I keep it against one of the internal walls it will work fine and with my frame setup if the TV gets wonky after going in the cab I can always slide it back out for some more degaussing love. The yoke reversal has worked perfectly and this thing is pretty much ready to be placed in a mirrored cabinet setup... I just need to build one now (and finish my Skeeball project at the same time haha).
Thanks for all the input guys!