I picked up an old 1 hp comp (cast iron pump, twin "hotdog" tanks, a real Dayton 1725 rpm, 1hp motor) several years ago. This compressor used pneumatic actuated valves on the compressor - motor ran continiously. I changed it over to a conventional pressure regulator / check valve / pop off valve. I bought the check valve (w/ unloader port) at Grainer:
I'm working on reroofing a house this weekend and I can't keep on running down the ladder every time the valve sticks. I also do not want to leave one of my other (better) compressors outside in the backyard of the house that I'm working on. I'm tempted to open the valve up - it looks like the check valve parts are inserted from the side that has the large hex. So, what is inside of a check valve - tiny loose parts that will spring out at me and get lost? Right now its a pain in the ass, but if I take the valve apart and can't get it to work it will be a much bigger pain to be with out a compressor.