I will replace the lamp, although I would like a spare before I take it apart. The lamp in the coupler is 12V 24mA which is a little hard to find. Everything I've found so far has been either 40mA or 60mA and I don't want to cook the ldr.
This is turned on by 24v AC through a 330 ohm resistor and turns on the SCR drive for the welder. Besides the AC input, I'm not sure if the soft start implied by the incandescent lamp is important or not. A lot of the solid state alternatives have very fast turn on times. For that matter, they could have used a normal relay, but they chose not to, so there must be an engineering reason.
The LDR portion is in the input circuitry to an op amp.
Anyone know of an LDR with a 400 ohm to 10M light/dark range? That 10M value is an order of magnitude or two greater than most LDRs I've found that meet the lower value.