I recently acquired an EP-3 Echoplex. I replaced the tape and filter caps and cleaned the tape heads, but it still gets noticeably and increasingly hissy when the echo volume is set above 3. What other components could be at fault?
Also, assuming correct polarity is observed, is there any reason I could not replace this capacitor:

with this capacitor?

They are the same value and even the same part number, but, physically, they're different sizes so I wanted to be sure this is OK. Sorry for the dumb question, but I'm just learning