Well, I got to see if the glitching was still going on. I ran the entire race program this past weekend without a hit. WOOHOO
I did change to a different motor, a gm3. But I had the glitching before with this motor too. I did a total rebuild of the gm3, and replaced the smc's with standard caps from radio shack.
# 272-109 0.1 microfarad ceramic. There are 5 in the pack for $2.50.
So now I am going to rebuild the P2k using these caps and see what happens.
I believe that the rearranging of the receiver and using the new caps did the trick.