Thanks for the feedback. i pulled the valve off today, and checked that the spring would move freely under pressure, and added some teflon tape to the threads and reseated it.
i still get the occasional hiss from it (not even enough for me to see any steam or liquid though), so i think, stefano, your advice fits to just replace it to save the wear on my other components. i think it blew in the first place due to a sticky pstat. i managed to breath a little life into the diaphragm with my needle nose pliers (i have a MA-TER) so for now that seems like it did the trick.
i've watched the pstat/element cycle about 20 times now, and its very consistent, and stays in range on the gauge, though i'm still a little weary of leaving it to come on with a timer (it might not be my alarm waking me up tomorrow morning

what do you guys think--when is it safe to trust it is working properly again? i'll probably let it cycle for at least 2-3 more hours tonight before shutting it off.