Alright - everybody who does't know, stop throwing wrong info around.
The deciding factor on whether an amp "needs" a standby switch or not is the type of recitifier tube it has. It has nothig to do with the size of the amp, or whether it's single-ended.
Solid state rectifiers hit the tubes with high voltage (B+) as soon as the power switch is turned on. If you hit tubes with B+ before their filaments are heated up, it's bad for them. So, amps with solid-state recifiers need a standby switch, which should not be turned on until all the filaments have had a chance to warm up.
The Champ didn't need a standby because is has a tube rectifier. Tube recitifiers warm up slowly just like the other tubes, so the B+ comes up slowly, and doesn't hurt them. On an amp with a tube recifier, the standby switch is a convenience for the player.
Unfortunately, I'm stuck in a hotel without a Valve Jr. schematic, so I can't tell you exactly where to wire it. Does the volume pot actually have a switch on it, or were you guys just kidding about the volume control? Because "standby" is not just about keeping sound from coming out of the amp - it's about keeping B+ off cold tubes.