No dice!
Ok, so I replaced the transistor with a 2n2907a, I also replaced the 33uf cap with a higher voltage tolerance one. Now, when I hook up two 9v batteries, I get 18.96v going into the circuit and at pin 7 of the lm741, at pin 2 I get 6.86v, pin 3 I get 9.44 volts and at pin 6 I get around 3v.
At the transistor emitter I get the full voltage, at the base I get 18.16 and at the collector 18.75v.
What the heck is going on here? Appears as if there is little to no regulation going on.