Great news, nothing like a fully working CF-100 !!!
Put this one in the bank for later:
When the record levels are different, it could be the actuator inside the box.. they are about 3 inches long , 1/4 inch wide and are silver , with a black nub on the end. When the record mechanism (usually a metal tab) presses against it when the record button is pressed, it actuates the record head. I have seen numerous times where it is corroded or dirty, resulting in exactly what you describe here.. can also have an effect on playback, a loud oscillating sound, sounding like an electronic loop.
Hope this can help someone in the future..