Hi Ron,
I exhausted the triac method but I have a highly inductive power supply. Even tried ST's ACS "stubberless" triacs but all to no avail.
I'm not collapsing the power supply completely, there's a bank of super-caps and if it goes below the 10V mark they'll turn on and short through the FET. Then it will get _hot_.
I've modelled the supply in spice and it's performing quite like the real thing, circa 20% error. A data logger allows me to view the real thing and since it's low frequency the LM339 / FET is able to turn on/off fast enough.