I have been going through my consoles and replacing their 7805 voltage regulators with the newer and more efficient OKI-78SR-5. I originally ordered four for my hottest running systems: Sega Genesis (has two 7805s), SNES, and Super Famicom.
The results were dramatic, and all of them pretty much run cool to the touch now. The 78SR-5 doesn't need a heatsink, and there is no change to the AV quality. The sync seems more stable on my Genesis, so it might have had a failing 7805. I have more ordered now for my TG16, PCE, and Duo.
Has anyone else gone this route?