The problem is usually the plastic innards of the switch assembly. They turn brittle and disintegrate, and a new part is unobtainable. Buying a used switchpod brings you an equally brittle plastic piece that will soon disintegrate. New is the only way to go to get one that will last a few decades: I believe the CMSNL ones have better innards that should not fail the same way. Be aware that 75/76 400Fs with no headlight ON/OFF switch will have had a trick wire in the original switchpod wiring harness that is not included in the current switchless replacement pod available. This is pretty easy to work around but you will have no headlight power until you do so.
Also, the starter switch carries the headlight power (so it can turn the headlight off while starting). If (when) the contacts corrode, the switch will heat up inside - this accelerates the degradation of the plastic. The relay suggested avoids that problem but hacking up the wiring harness is probably the #1 complaint I see here about previous owners.