The 1041 is a small 60W (input) transformer that only has 45 or so watts of available output power. As @ADCX Rob stated, your switches alone consume all that power. Excessive draw over time causes heat and can break down the coil explaining the degraded power output. The LW offered by @M. Mitchell Marmel would be quite the upgrade at 110W input 80W+ output.
I'd be more than willing to take a look at the 1041, but cost of shipping and any parts would quickly become economically unreasonable (despite us both being in NYS).