Touched up all joints with a hot iron, and inspected them with a magnifying glass, and I don't see any shorts/bridges. Can't see the underside of the sockets from the top of the board thought, obviously, so something could be hiding there. That didn't help.
Pulled all chips and still only have about 2.48 V on the one leg of the regulator.
Did this for both boards and am getting the same results.
I am wondering if I installed something wrong. Something backward or in the wrong location. A solder bridge on one I could understand, but on both and giving the same problem seems like it is something wrong on the assembly. But I could be wrong on that.
Thanks again for all the help thus far.
Jon