Here's what the esteemed amp guru Em7 had to say about it in a thread here, back in 2012 (I googled your question):
"There have been many revisions to the 2-Channel “H” to reduce noise and/or improve performance. My amp is a first generation pre-phase inverter master volume 2-Channel "H" (a.k.a. Rev. B). Earlier 2-Channel "H" amps had a master volume that was located after the phase inverter. For those who are curious, a phase inverter is a circuit that takes a signal as input and outputs an in-phase signal plus a signal that is 180-degrees out of phase with the input signal (i.e., a mirror image of the input signal). A phase inverter is necessary when coupling a preamplifier to a push-pull power stage. A phase inverter may or may not provide signal gain. A post-phase inverter master volume takes advantage of signal gain within a phase inverter circuit (usually a circuit known as a “Schmitt splitter”) to add an additional gain stage that can be overdriven before the master volume. Phase inverter distortion is a big component of the classic “dimed” Marshall tone."