Yes - as Lawrence has indicated this is a likelihood. I have seen them ion many sets and thought they were a strange design terminal - learn something new everyday.
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Originally Posted by FrankB
I am not sure what you mean by "Terminal Power Resistor" as we use different terminology here in the U.S. for many parts. I did not see what you referred to in the photos.
If you mean it looks sort of like a solder tag strip with a metal case on it, those fail a lot. Typically the internal "fish paper" insulator fails and the resistance wire shorts to the metal casing/ ground internally That would certainly cause the "factory smoke" to come out. Often one internal section will open also.
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