I'm just guessing here, but I would think $300 spent to repair a sub you "have absolutely loved" is money better spent than $500+ on a used sub which you may or may not absolutely love.
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Thanks Phokus, I bought the new amp and put it in myself a while back and everything is back to good. Only issue is that the new module does not support the front light anymore. I also had to modify the inner lip of the cabinet to get it to fit properly (which VSA had warned me about). I probably would have gone the $159 route had I known.