Cd wont eject.
I was having the same issue with my KD-S5050. I also tried the CD eject lock reset with no results. By using the following steps I was able to reset my CD player and it is working properly again.
On page two of the user manual is shows how to do a full reset of the cd receiver.
While holding SEL (Select), press ATT (Standby/On Attenuator) for more than 2 seconds. This will reset the built-in microcomputer.
http://www.fixya.com/Brands/J/JVC/Manuals/kd_s5050_cd_d2ce2654fa2aab37f3ad2b4ce1e33443/images/KD_S5050_CD_D2CE2654FA2AAB37F3AD2B4CE1E33443_2_p2.jpg
NOTES: ? Your preset adjustments ? such as preset channels or sound adjustments ? will also be erased. ? If a CD is in the unit, it will eject when you reset the unit. Be careful not to drop the CD.
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