Thanks Hozy31! I should have mentioned the symptom is the same with a battery and with the circuit outside of the enclosure.
So it appears Travis' suspicion was correct. I haven't boxed it back up yet, but replacing the stomp switch seems to have resolved the issue.
FWIW, here is what I found today:
I measured voltage across the LED, when on it was around 2.8v, when bypassed and no cables attached voltage was 0v. When I touched the tip of the cable, voltage dropped to a negative 6v.
In this particular circuit, the Vbias is created with 10k resistors, so there is a 20k differential between the supply voltage and ground. I'm thinking the LED probably would have remained off if the Vbias had been created with 100k resistors, giving a 200k differential between the supply and ground.
If anything changes after I box it back up I'll report back, but for now I believe it has been resolved.
Thanks again Travis and those who had the chance to respond.
MAO
1978 Gibson Les Paul Standard, Cherry Sunburst