I know you want to us a servo but Action' do a micro 1 A Miniature Microcomputer soft start SPEED CONTROL (P52A) - PCB Kit with case £10 this will do the same
Taken from there site I hope he does not mind.!!
micro 1’ is a highly efficient little relayless, two IC Speed controller for very small motors. Suitable for use with any standard R/C outfit. It can run from 4.8 Volt Nicad or 6 Volt Dry receiver batteries from where it gets the power for the motor (plugs in like a servo) It has a maximum current of 1 Amp. In any event, it is self protecting with ‘Failsafe’, ‘overtemperature’ and ‘overcurrent ‘shut down (not REVERSE VOLTAGE). In stop condition the current drops to a ‘Sleep’ value which is very low. It will cope with a wide range of small, efficient motors, many Radio boat modellers are using 5v cassette recorder motors, it is ideal for them. ACTION MOTORS M5 or M7 are also ideal. Full PCB kit with case only 40mm x 27mm x 17mm. Less servo lead and wire. also built £15
CONDOR 2' 2A Mini AUTOSET Computer SPEED CONTROLLER (P78) - PCB Kit with case & screw connectors
Tiny Computer 2A peak Speed Controller for small scale model boats, recommended for 360/385 type and similar motors. A n enclosed unit with no relay projection, MICRO IC and POWERFET, forward and reverse, 2 Amp peak. The relay coil takes it's power from the receiver battery which should be 4.8 Volts to 6 Volts. One version covers the main MOTOR drive voltage range of 2 to 12 Volts which should cover most boat models. No adjustment required AUTOSET centre stick setting. Fixed GENTLE acceleration. Screw block connections for Motor and Power. It is easy to build. Motor stops if signal lost or receiver switched off. External size -Size 41mm x 31mm x 20mm. Full PCB kit including ABS case, less power wire and servo lead. (MOTORS? see Price List) A MINIATURE SCREWDRIVER REQUIRED TO CONNECT. Weight with case 26G weight without case 16G
They both work well and you can use a biger motor with them I think you are on the limit with a servo motor running for long periods so you would not be able to change motors but I may be wrong ..Peter
http://www.actionkit.co.uk/