George, MTH as you know made PS2 3 volt boards with 5 volt connectors. That is how I converted all my 5 volt boards to 3 volt boards. This was a very popular set of boards back in the day. The PS2 3 volt boards with 5 volt (black) connector numbers are as follows.
PS 2 power board is AE-0000015.
PS2 processor board is AE-0000016.
PS2 processor (flash) board for the GG-1 is AE-0000018. Jason would load this at MTH.
I have 16 MTH G motors with these boards in them. I am in agreement on the PS-3/2 boards we have today. I am a monster fan of that board. Early on I was involved with Jason with these.
I have several non flash locomotives that were 5 volt boards that I converted using the standard PS2 3 volt boards. I would pull the white connectors off the 3 volt board and install the black 5 volt connectors. Change the speaker and you are good to go. Many of these are boards that you rebuilt for me.
Any MTH or Lionel with the small fan style motors can sometimes work with a sharp hit from a tool. The best way I can relate this and all car guys will relate is if you have a power window motor that does nothing. Give it a good rap with a hammer and you usually can get lucky. George, I know you have done this a few times in your life. As you mentioned, this will sometimes work.
Tom, like George pointed out, the PS 3/2 board is the hot set up today. I have used many of them and they stand tall. The old AE-0000018 (flash) PS2 3volt processor board is no longer available from MTH.