Looking at the tech specs again, the only difference I can see is that the 1500 RECORDS 2-track but not 4-track, and vice-versa for the 1506. They can both PLAY 4-track... if I'm reading this right. When I switched the 1500 to 4-track mode I expected correct playback of my stereo quarter-track tapes, but it wasn't right. The switching was a little funky, so maybe it needs to be cleaned.
I guess the 4-track head would have to be configured as:
Track 1 = Left Side 1
Track 2 = Right Side 2
Track 3 = Right Side 1
Track 4 = Left Side 2
Anyone know if this is the case, or does it expect to play all 4 tracks simultaneously in one direction?
You are correct. It should work in that position. There is a great deal of confusion about what you call all the configurations between "track" and "channel" and 2 and 1/2 and 4 and 1/4 and stereo, mono or 4 channel, all of which exist on 1/4" wide tape.
My interpretation of your first post is that your Teac was 1/4 track stereo as in the track assignment you just showed above. That is more properly known as 4 track or 1/4 track but NOT 4 channel. It is of course just 2 channel - which typically means stereo.
4 channel typically means 4 tracks in one direction with the capability of providing 4 outputs and 4 inputs as in either a 4 channel / 4 track project studio machine like the Teac 3340 or a quadraphonic machine for playing 4 channel prerecorded tapes. These heads have 4 gaps for playing 4 tracks of information in one direction through 4 outputs.
The Technics you have, as you said, should play and record 2 track 2 channel stereo and play back 1/4 track stereo as well. The switch changes between the 2 playback heads. Both heads have only 2 gaps and play back 2 tracks at once.
The problem is that when you play a 1/4 track stereo tape with the 2 track head you hear a combination of the left channel from side one forwards and the right channel from side 2 backwards through the left output and the right channel forwards and the left channel from side 2 backwards through the right output because they interlaced the two sides as your chart shows, and each head gap is covering 2 tracks of the tape.
The 1/4 track head has 2 gaps which are centered on what you are calling tracks one and three, each covering 1/4 of the tape width and should play those tapes properly.
It is amazing how much of this gets forgotten in the past! Just like turning over the needle to play 78s - stuff I grew up with :)