if you google the part number on the regulator, you should be able to find a replacement. If not you should be able to buy just the regulator from HP for a fairly reasonable price. it is more likely that the internal filter or the restrictor is clogged, but the regulators do fail eventually. If you can't adjust vacuum, look for a new regulator, if the vacuum is too slow to recover, look at replacement of the internal filter, or cleaning the restrictor ( small brass fitting located in the small tubing just off the regulator )
Good luck.