The primary is definitely gone ... varnish melted and run and the hair-like wire connected to one of the primary pins is burned open. It would be helpful if someone could verify the secondary rms, by measurement, or otherwise.
For possible future use by others, Digi-Key (
http://www.digikey.com) has a Tamura type PL20-12-130B (Digi-Key p/n MT3110-ND) for $11.41 ... not a pin-for-pin replacement, but electrically equivalent and the same size. With a couple extra holes drilled in the circuit board, the dual primaries parallelled and the dual secondaries connected in series, it'll work.
I did call Watkins, but got the cold shoulder from their "customer service" person ... 'buy a new box from one of our distributors ($460)'. They offer no replacement parts or repair service. Neither, as far as I know, do any of their dealers.