I had been intending to post about my experience with a green (7ELM) Biax scraper with a failed speed control, so I guess I will go ahead now.
My Biax speed control failed and not being an electrical engineer, I could not figure out how the board worked or what some of the components were, so I looked for another option.
eBay has several vendors selling angle grinder speed controls like eBay number 385632706067. They are cheap.
I bought several of these and tested them by hooking them inline with a cheap Harbor Freight drill that had about the same power requirements as the Biax. It was not perfect, but it worked.
I stripped off all the components, cut out a hobby board matching the configuration of the original Biax board, mounted all the components on the new board and used tinned AWG 23 wire to wire everything. I also potted everything so that I could prevent possible shorts.
Before you can wire the new board into the Biax, you have to note that the original Biax control board is three wire and the new board is 2 wire. What that means is that you need to trace out the wiring on the Biax and do a very minor bit of rewiring so that you can hook the board in series with the Biax. You may want to test your new rewired board on something you don't care about before putting it in the Biax (like a cheap Harbor Freight drill).
I have installed the new board and it works fine so far.