Out with the old.... Reliable brand swing tongue/actuator
And in with the new.... UFP tongue/actuator.
Parts from Pacific Trailer - $195. Neighbor around the corner to do the cutting and welding - $75. Peace of mind knowing that my trailer brakes will actually work correctly and I will be able to get replacement parts in the future - PRICELESS!
Now all it needs is a little primer and a nice coat of gloss black paint.