Have not seen this specifically asked yet, so here goes. I was given a generic Chinese MPG that looks very similar to the one that Masso offers. What is the recommendation for the power correction From 24v to 5 v? How does Masso make the adjustment? Thank you.
Naw, won't really work. You will need to go with @masso-support 's idea like this:
Some MPG's consume a bit of current and because you are trying to get rid of 19V (24-5) you almost certainly will need to heatsink the 7805.
Alternatively, use a type of 5V Power Supply. I used one of these in my CNC Router to power the 3 Masso Limit Switches. They are very efficient (no heatsink required), accurate and relatively inexpensive (DFR0205 Image attached).