Product review (5 stars): Exact Replacement, Less Money
Came within a click of ordering this from one of the popular on-line appliance parts stores from whom I've ordered a lot of parts in the past. Just for fun, I searched by the product description / part number and found this part for less than 1/2 the price. It was an exact replacement for the 25 year old original - they don't make 'em like they used to! Note that there are no instructions with this part. But a quick internet search will turn up several videos that make replacement a relative snap. If you can use a screwdriver and a nut driver, you'll have no problem.

The construction of the heater element was a little "cheaper" than the original in that they riveted the halves together so you won't be easily able to take it apart to replace the nichrome wire if needed in the future - considering the price of this part, it wouldn't make sense to replace just the heating element anyway. The design of the heating element stand-offs and insulators has changed a bit as well. However, if it lasts (half) as long as the original, I'll have no complaints.

UPDATE at 2/1/2015. Had to replace this part after the heating element broke. Since I'm not sure if it was a product defect or - equally likely - vibration from the adjacent washing machine which caused the break (when operating, the nichrome wire glows cherry red and is, I suspect, relatively fragile). With the OEM element (much more costly), the unit could have been taken apart and a new heating filament installed. However this unit is riveted and it is impractical to disassemble. On the bright side, you can buy several of these for the price of an OEM part (not to mention the cost of a service visit), so I simply purchased another and moved the washer a little farther from the dryer.