I guess the one advantage to buying one of the HF/other Router Speed Controls on sale is that the unit is already assembled*, cheaper than building one from individual components.
*Assembled, in Chinese terms can mean anything close, and the 2 units I bought maybe 8 years ago needed the hand-soldered connections to be reflowed, as a few AC wires popped free from their connection points with almost no effort.
After checking to make sure the wiring and the earth ground are secure, and not pinched, etc.. the finished unit has a power cord, AC receptacle, hi-lo switch, speed pot.. and is stated to have a 15 amp capability (although I've only used them for light duty applications, die grinder etc).
The units can be very versatile for various resistive loads, small universal motors and various other applications.
Much of the hand-soldered and wave soldered thru-hole connections will be even more suspect (crap quality) now, for nearly all consumer and commercial products, since the lead-free solders are being used almost universally (aviation and a few other industries are exempt).