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It's there to set the chassis at AC neutral (ground, more or less). Trouble is, unless you have a polarized line cord installed, it can also make the chassis common to the AC hot.
DON'T use any larger value than stock, DO install (at a minimum) a polarized cord to force this connection to AC neutral.
A better solution would be to install a 3-prong cord and tie the chassis to the ground wire - and remove the cap entirely.
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