I recently experienced a similar problem with sudden loss of SIM to Console comms, although, unlike in your case, my board was 15 years old.
The xmit LED blinked normally but very intermittent connection with consoles. It'd connect and work for a few hours then drop and not connect for hours or days, then connect again....all with 12' LOS between SIM and 2 consoles.
Old time HAM guy so did RF testing of SIM with no sensors connected to determine the xmitter was very weak and experiencing varying frequency drift (not due to DSS).
Inspected SIM board and cleaned up some minor oxidation as there had evidently been some moisture in the enclosure over time and the board hadn't been coated very well.
Verified the 'SuperCap' and board voltages (to the TI xmitter chip, etc.). Crystal freq was stable.
In the end, didn't identify the root cause.
Spent time with Davis tech but he had nothing to add beyond what I'd already done.
Took the Davis offer for SIM exchange of $76, including round trip shipping, for new revision SIM with warranty (I'd replaced ISS T/H sensor with SHT31, hence new rev board).
Replacement was $76 vs $160 for new SIM from Scaledinstruments.
Station (SIM) date code is August 2006 and it spent all of its life in the Gulf Coast area so I guess it's lasted reasonably well.
The new board has MUCH better enviro coating so hopefully it'll survive the tropical New Orleans climate well.
The new SIM has been in service for a few weeks and has resolved the issue.
The spectrum analyzer now indicates expected results, validating what was deduced when diagnosing the old SIM.