I don't know all of the details of the mod, I do know it is $250.00 cashiers check to Mike B. When completed the effects loop is supposed to be more friendly with different foot pedals and other effects as far as the signal strength. The tone is also to show some improvement and the Reverb is also improved. Nothing wrong with Mike B. checking your entire amp over either.
You have to contact Mesa for a R.A.
My Mark IIB does not demonstrate any of the issues that the mod would fix. However it does not have the effects control knob either. Just the presence and Reverb controls. Mesa was unable to check back far enough to see if they had worked on it.
Mesa does have records going back aways, so you might be able to find out if they have done yours already. They started doing the mods shortly after the IIB amps came out but didn't keep records till later.
This copy and pasted from
http://homepage.mac.com/mesaboogie/IICPlus.html
With the Mark IIB, unlike the Mark IIA, it had the junction to the Pre-Amp/Pwr Amp only on the underside of the amp. The rear panel now had a true effects send and return. next to the Slave Out jack. The IIB however had well known "issues" with this effects loop. It tended to overdrive effects when switching into lead mode, and the reverb level in lead mode was markedly decreased. Mike B. and Randy came up with a fix which lead to the effects loop mod for the IIB. It added a fourth master that allowed the effects and reverb levels to be properly balanced. However, it does change the lead sound. The mod gave the IIB a more IIC+ lead tone which is great, but very different from the IIB sound which had a compressed, less gain sound as a result of the "bottle neck" between the pre-amp and the power amp section.
Others with the IIB have been very happy with the results of this mod.
Mine sounds awesome!!!!!