UPDATE
Thanks all. As i mentioned, looks like it IS the Pass Labs amp. Powered down all components overnight...turned it on the next morning things were very much improved. THEN, next day, turned everything off EXCEPT for the Pass and things were still way off the next day. Am going to trade out the Pass amp (which Ive had for almost 10 years) for digital mono blocks just to confirm this. Then get the Pass to Reno HIFI or wherever is suggested for an overhaul. Also thinking if the Pass needs some capacitors replaced it couldnt hurt to send the Parasound jc2 in for a good check up at the same time.
Silver lining: In moving the speakers and listening position all around the room in chasing down the sound gremlin (as many suggested) I think I have a perfect starting point for speaker placement once all the gear is up to spec. The speakers ended up closer to the rear wall and a tad further away from sidewalls with fairly aggressive toe-in. Sounded a lot like I remembered on favorite recordings after the total power down test.
A pair of subs and new front end are still on the wish list.