Pretty Kewl Daniel.
But the pics aren't loading for me. Would you mind emailing me? sweanymd@yahoo.com Please

But the pics aren't loading for me. Would you mind emailing me? sweanymd@yahoo.com Please
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The sander is most likely an AC motor, you need DC for this controller.
Yes. But the circuitry is much more complicated, and expensive. That was the point of going DC in this thread.
There is a downside. DC current is a killer. AC throws you back when the current alternates from positive to negative, leaving you injured, but possibly alive. DC doesn't throw you back, you get stuck to teh contact point and fried.
You can get controller for AC motors, but they are generally more expensive. I'm guessing your sander is pulley driven, so you might consider changing out some pulleys for slower speed. Not as convenient, but with VS you start getting into a whole lot of money very quickly for a sander that may not warrant the expense.