The good news first, I got a working Macintosh SE booting from its old interal harddrive! Persistence paid off
.
I went ahead and replaced the two remaining capacitors in the power supply. But that did not change anything. The next thing was recapping the whole mainboard. If I remember correctly there are only 13 capacitors - so its not the biggest job. After that the Mac went a lot quicker to the screen with the Disk Icon. But still would just reboot as soons as I insert a floppy.
So out of options I started to have a look again at the analog board and noticed one capacitor close to the logic board power connector, that was not in good shape. I replaced it and it also did not solve a thing. Instead the Mac was now stuck on a garbled screen.
As a last resort I had a look at the analog board and all the solder joints. Especially those for the socket that connect with the logic board. Wearing my mangifying glasses I noticed that the two outer pins (towards the screen side) got some corrosion from the leaky capacitor. I guess the Mac was stored for a long time on its side and acid made its way to it. I cleaned up these joints (one highly corroded) and resoldered them.
Boom, the floppy drive made noises it never made before. But now it seems it got mechanically stuck. Likely I got something wrong at re-assembly when I serviced it. So I hooked up the relubed and originally seized harddrive. To my surprise, after some seemlingly endless seeking back and forth, I got a happy Mac! It booted right away to the desktop and revealed the contents of the ancient drive. It still on system 6.07(?) and got a bit of Clarisworks and Office on it. The documents I found were created in 1995.
Now I am back on the floppy, the famous eject gear stripped and the resin printer behind is producing new ones as I type. In about an hour I can finally put it all back together.
It could have been easier. But I got a Mac with a dead screen and seized hard drive for free - saved at the tip. Now I have a fully recapped working machine that will be reliable for decades to come.