Essex camera charges $70 to repair the Electro 35, and that would include the Pads. So the question becomes do you want to spend $70 or so to fix a camera that costs about $25 on EBay today, but was a $100 camera in 1980. If you buy another one, most likely it will have the same problem two of three of mine did; it is about like door seals wearing out or mirror cushions on SLR's wearing out.
I for one am going to give it the DIY fix from Yashicaguy. But, I am going to do it on the $10 chrome one that I picked up, and would not do it on the more rare models such as the professional or GTN until after I learned how to do it. There are plenty of $5 and $10 "I did not test it, but I can't see why it won't work". If you could See why a camera doesn't work, fixing it would be easier! Usually the problem is inside the camera!
I had my run of camera repairs in the last two weeks, so this one will have to wait for the next rainy day.