Hunter,
No, a spotbeam only sends signals to a limited area. You might get a good signal from one for your area but might get a low signal (or zero signal) from other spotbeams.
A good transponder on the 110 satellite to use when aiming the dish is transponder 22. It is NOT a spotbeam.
Some signs of a LNB going bad is what you are getting, no signal or very low signal on some or all transponders. The same problem can be caused by the signal being blocked or by bad cables or switch. If you are getting a good signal from the 119 satellite you can rule out the tuner in the receiver.