And, I see what you mean about the "omission" of any
bypass capacitor on that audio amp. That capacitor
also sets up the AC-Load-Line, no?
No. The impedance presented by the speaker or headphones through the transformer sets up a "loadline".
And, maybe changes
the frequency response to add more "lows" to the audio
output?
Any impedance in the cathode develops a voltage in phase with grid voltage. This has the effect of reducing the varying G-K voltage, and reducing the available voltage across the plate load resistance. The effect it has depends on tube characteristics and the load impedance presented to the plate by the audio transformer or headphones. The DC path also sets bias, of course, which determines the operating point of the tube.
In short form, the cathode resistance adds negative feedback and also wastes a little output power by decreasing the effective plate voltage. It also sets the bias. The negative feedback reduces distortion and gain. It will mostly pick up the volume if you bypass the 100 ohm resistor.
I'd worry more about how they connected the detector diodes in the grid circuit. That's very strange.
73 Tom