Hi Brian and
As odd as it sounds, Compal, the world's 2nd largest laptop maker, is not well known in the US. Compal is a huge
OEM/ODM provider for many laptop brands - Compal designs and makes the barebones laptops and ships them off to Dell, HP/Compaq, Acer and Toshiba, among others, where they are branded then populated with RAM, drives, CPUs, monitors (all made by some other OEM company), and some "proprietary" stuff, then sold as their own products.
I doubt that mainboard is rare and yet, as noted, a search on EAL50 yields little more than your own inquiries.

So it would seem information about that mainboard is being controlled - probably through
NDAs with the resellers. If this laptop has been re-branded, you might send a note to the reseller's technical support.
What is the make and model of the laptop? How old is it? Can you see the BIOS make and number?
generic voltage regulator that would fit the 8 pin DIL
Ummm, no. There is no "generic" voltage regulator. What voltage would you have it regulate? Motherboards use several. The problem we have now, from a repair standpoint - assuming your repair guy is right and it's the regulator (and only the regulator) you indicated - since the part numbers don't seem to match, we don't even know what that regulator chip really does - we at least need the schematics (electronics road map or blueprint) to determine its designed specification, the voltage or voltages it is supposed to regulate. Also, since regulators, by design, are pretty rugged, I would wonder why it failed? Heat is the bane of all electronics. Unless you hit it with a hammer, heat did it - slow roasted, or in a flash. Was it a faulty component that just failed on it's own? Or did something else in the circuit fail and the regulator took the brunt of the excess current? We don't know. I would be concerned something in the power supply and charging circuits failed, then took out the regulator - that is not uncommon. It would be sad to go to great effort to identify, purchase, and replace the regulator only to watch it go up in smoke the first time you powered up.
I agree with paws, unless you have the tools and are skilled at soldering heat sensitive devices to multi-layered printed circuit boards, in other words, you can do all the labor yourself, the cost of repair outweighs the returns - unless the returns are simply the successful accomplishment of a personal restoration project!
I hate to send you away after your first post, but your best bet might be to talk to others that might be having similar problems. If me, I would post this question in the "unofficial"
Compal Forum at NotebookReview.com. They may know how you can get a replacement board, or cannibalized parts, or at least point you in the right direction.
Whatever you decide, good luck and keep us posted. I am curious to see how this turns out.