Don't know about that redesign board.
But i think that relay on the original board is oxidated.
I replaced mine with this : http://www.greatplainselectronics.com/proddetail.asp?prod=LY2-0-DC48
Not so hard to replace if you can solder.
Did the trick for me.
(Edit: for future reference searches please chance the title of this thread from Sleepeasy to SpeakEasy
All tough i understand it's a sleey one for you )