You Reply: Just came across this blogspot entry by Dr.Tune
In short: This works like a charm for me. No more sound where it don't belong, even the white noise from the speaker in 'pause' mode is gone, it's just dead silent this way. He perfectly explains whats happening and why, to mod the Player like this, remove the 0Ohm resistor next to the 8002's pin1 and bridge the two open pads on the other side instead.
Disclaimer: Be more careful with removing the resistor than I was. As you can see the whole pad gets ripped off easily if you're too rough.