From my experience it was the capacitors. My LC would squeal horrendously like someone tuning an old AM radio. I recapped the motherboard and all the noises went away. I've done this one 2 LC motherboards and both times it stopped the squeal.
It's relatively easy to recap, but there's one capacitor near the audio jack that's difficult to get to without a long, thin iron. I had to remove the audio jack to get to the capacitor, then solder back on an audio jack.
I could not get a solder wick to pick up the solder successfully, so I recommend using two soldering irons to melt the solder on both sides of the capacitor simultaneously until it slides off with very gentle pressure. This trick worked for me to avoid ripping off or breaking any solder pads. Then I bought a bunch of tantalum capacitors and soldered those on as replacements.
I also recommend solder paste. You put two little dabs of solder paste on the pads, just plop the capacitor into the goop, then hold your solder iron in the goop for a few seconds. The flux evaporates and the solder melts perfectly onto the pads and capacitor. It's great stuff.
Oh, make sure you buy some isopropyl alcohol and a microfiber cloth, then clean the board and pads before soldering. Get all that leaked electrolytic crap off the board.

