As they have kindly left all the part numbers and values on the components it might be worth making some notes in case you have to start a thread sometime called "smoke poured out.... can you help"
Looks good. Nice to see several caps on the input to prevent the HF from bleeding back to the welder.
Looks like the switch with 0-1-2 might be the start voltage. It probably monitors the voltage. When above a threshold set by the switch, it turns on the HF circuit.
ah just noticed something on looking inside again, those two crimps were shorting out before i hit them with my finger. what would that little component be? temp sensor?