Thanks for all the advice so far everyone, this has been extremely helpful and enlightening.
While I'd definitely follow this path if I was short on time or ambition, at the moment I really just want to make this work. It's already been such an education so far and it's only been a few days.
While looking through some more schematics, I found one that seemed like it would be a lot easier to produce and understand. It does, however, use tubes rather than solid state components. Is there any way I could change the circuit to work with transistors? Here is the schematic;
http://www.vintagehofner.co.uk/britamps/watkins/schematics/copicat.jpeg
Also, I'd probably want to lose one of the inputs, and 2 of the 3 play heads. Can this be easily done?