Well this morning, after a trip to the hardware store for new screw bits, to actually get back into the console. I have been experimenting and have finally got a first or second time boot.
Now jaycboy's suggestion of keeping the blue wire away from the power lines, is a very valid point, but when i opened up the console I noticed i had already positioned it away from the 3.3V and Ground wires, so I will not be testing this in this experiment.
Original Setup - With / Without 48uf Cap was 2mins + ( I just gave up after 2 mins)
Then to put the entire soldering issue out of the way, As Martin C is correct most problems are in soldering. I re-soldered all the points, with flux. And still no change, tried booting for 2 min and still no boot. (Tried booting 3 times, same result) Same result with the 48uf capacitor.
So then i went onto, repositioning the green A wire, as first suggested by XJonnyGunsX under the heat sinks. Making sure there was a good connection, to point A. Now with no capacitor, same result no boot after 2 mins. But after adding the capacitor, boot after the second flash. And third flash the second time, and back the second on the third boot.
So i can conclude that positioning of the A wire, does effect the boot time, on this console With the capacitor installed.
With this still not being instant, I though i would try repositioning the blue CPU_RST wire to the top of the board. I completely replaced the wire with a new one, and after stopping the solder escaping through the pin hole, I managed to position this wire. Still using the capacitor and the repositioned A wire, There was no change in boot times.
I cannot conclude on the effectiveness of repositioning the blue CPU_RST wire to the top of the board. As I did not try it independently of other fixes, but it appears to have had no effect, and is easier to install and keep away from the coils, So i will be using this point in the future. It can't hurt can it?
Just like to thank XJonnyGunsX , jaycboy and Martin C for their creative input into this.
Have cleaned up the console, to finish my refurbishment of it.