Good.
Sounds like you have some feedback, did you use screened cable?
Perhaps both issues you mentioned are due to the signal overdriving, if that is the case a resistor on the signal (non ground) end of the potmeter track might fix it.
I cant remember what speed compact cassette runs, 4 track reel to reel is something like 3 3/4" per sec, the 2 heads in a compact cassette are fairly close together so it wont take long to get from one to the other, hence a short delay, moving the heads apart wont be easy!