We've done 8 or 10 of these, pretty standard repairs.
We've been servicing printers for 20 years, including the larger thermal units for labels.
There are a couple of things that go wrong, the PAL can go corrupt and the motor driver IC can fail, both are repairable.
The problem with this board was in the power supply section and was a straightforward fix using very standard industry parts. This board is used on a number of printers.
VP700 by VIP Color,
Mach 5 by Rena,
Astrojet M1 by Memjet
Part Numbers: MB007-69072, MB007-69073