Thanks everyone for the replies to my post. I have done some serious tone searching with this amp in the last week.
This is what I have come up with. I went back and read the manual again. The first thing I did was to switch the amp over to tube rectifier tracking which helped alot with the in your face single notes. Then I decided to try a different approach with this amp. I am in an 80's hairmetal tribute band, so I need a high gain Marshally tone. I decided to stop trying to use the dirty channel on this amp. I came up with a great clean setting on the fat clean voicing. Then I dug out my old Boss Metal Zone pedal just to try it on the clean channel. This pedal has an eq on it. I put it in the signal chain and was amazed first at how clean my amp could be and how Nasty it could get with this pedal. So I dialed the eq in on the pedal and basically set it up the way the Boss instructions tell you to for a metal tone. But I added a little more bottom end to it. Holy cow what a difference. Then I messed with the eq on the amp a little more, basically Output at 12 noon, Master around 10 oclock, presence@ 10, bass @ 2, mids straight up, treb at 1 oclock and gain at 1 oclock, once again this is on channel 1 fat clean, 100 watt, Bold, tube rectifier. Killer rhythm tone and lead tone. The in your face spike is practically gone and when I kicked off the Metal Zone and actually switched over to channel 2, I couldnt believe how much better the sound was on channel 1 with the Boss pedal. Way more bottom, way thicker, just a killer metal tone, which is what I want!! Kick off the Boss, beautiful clean tone! So now I'm digging it. I then put my g major in the loop. Turned the effects knob on the back of the amp on full and then turned up the input setting on the g major till I was hitting -3 db when I would hit a clean chord real hard. Found a preset called "Straight Slap Delay" which is number 21 on the presets by the way. I tweaked that setting a little bit. I set the delay at 400 ms. I switched the reverb to "Plate" . All I can say is that a week ago I was very frustrated and now I am stoked with my tone. If anyone out there is looking for a great heavy rock sound, this kills. I will add that some of the stuff my band does calls for a less gainy tone, ex. AC/DC, Aerosmith etc.. So I put my Fulltone OCD in the chain in front of the metal zone for those types of tunes. Now when I turn my amp on, I am in the zone!