This is very typical for all Williams games, even pinballs.
To answer your questions:
1) No. Sorry to disappoint you. It's only there to keep settings. (Not sure if it does hi-scores too).
Williams PCB sets are notorious for the large number of problems they develop. Most famous is the RAM's., next the poor connectors used (or too much current through the connectors, whichever way you put it, it's a design fault), more poor connectors (inter-board) connectors and the PSU.
Did I discourage you enough already ?
For all the problems there are solutions. But it's a long, hard road. More later.
2 & 3)
Let me put it this way: You don't WANT replacement parts for that ! The battery holder is a NIGHTMARE. The same happened to my Getaway Pinball CPU board. The PCB tracks under the battery holder were EATEN by the leakage.
So, you want a INSANELY better solution. With a battery that lasts at least 10 years without leaking.
Check it out here:
http://www.stickycarpet.com/pinx/defmod.htmlor here if you want an EXTREMELY long version:
http://www.therealbobroberts.net/wmsbatt.htmlIt's VERY easy to do ! And cheaper in the end and NO worries about the batteries leaking....also it saved me from having to fix the PCB tracks.
DO clean up your PCB as good as possible, neutralize the acid with some vinegar !!!
Also.........I know you're going to ignore my suggestion, and I also know you will regret ignoring it later (let's say after about 1 year of trying to get the old boards running) but here goes:
I advice you to use this instead of trying to get the old set running:
http://www.jrok.com/hardware/wsf/