With Ebay it's always a gamble, 18.99 seems a little cheap to me. But considering if you have a little electrical knowledge and an old dryer to spare you can make your own reg/rec for practically nothing, so who knows.
Looking at the manual and Z1's part here:
http://www.z1enterprises.com/detail.aspx?ID=3267It does look like the 77 had a six wire configuration (someone with an SOHC could confirm this), so that would match up. Personally i am skeptical, but they might just be considerably under cutting the market.