Implemented the relay box and the braking system today, works great. Used a 4-ohm 50W resistor and it's not even breaking a sweat. Stopping time from 2300RPM is about 1 second with an empty 4" 3-jaw chuck. It's configured to normally coast to a stop (FWD or REV to STOP) or I can apply the foot-brake at any time for immediate stopping..... Pretty darned convenient.
Just waiting on my ELS parts to arrive, shipping these days is really slow, like about 14-days from my Florida forwarder to my door.