Before you say 'case closed'....
On the yahoo magnatone/valco board, Manning later posted this:
"Well, it looked good on paper, but the sound is clacky with diode switching noise. Another try is in the works but TBH, I'm not too optimistic."
Ted Kornblum's new Magnatone amplifiers use a circuit with varistors that reproduce the Bonham F.M. vibrato effect. They use current production varistors, but they don't sell them individually or make it public what specific part# they use or what their source is.. And why would they? they have a lot of R&D time and effort into recreating the bonham vibrato using current production parts.
Neither did Magna nor Estey/Magna make the part# of the original varistors public. The schematics just say 'varistor'. Don Bonham originally had 100s of varistors to pick from. His R&D to get the right ones was very time consuming. If you look at an old catalog of any of the varistor manufacturers (like globar, Carborundum, Int'l Resistance Co. and GE), you'll see 100's of unique varistors based on (1) DC watt power rating, (2) dielectric constant, (3) response time (a percentage of the voltage pulse), (4) operating voltage, (5) peak voltage, and (6) temperature coefficient.
One thing you don't see is the impedances of the varistor (either at low voltage or high voltage), which of course was a critical factor in varistor selection for Bonham to get the desired phase-shift in the bridge. That impedance didn't act in a vacuum either, the selection of the caps elsewhere in the bridge and their impedances had to be matched.
long story short: Magnatone varistor replacement is difficult. there have been many unsuccessful attempts to find substitutes, and only one successful one (Kornblum's new Magnatones). Also be wary of NOS varistors on ebay (How do you know they were the varistor model that Magna used, and not one of the other 100 varistors that were produced in the same mold press?)