The 78XX series of regulators are very handy to use. If you need, say, a 5V regulator, you grab a 7805, add a capacitor for stability, and send in enough voltage for the regulator to work with. Cheap and easy. However, the part is not without its faults.
A stock 7805 can’t convert 5.1V to 5V. You need to have a good bit more voltage coming in. But the more voltage you put in, the more the part is going to dump out as heat. So running from 9V is going to be cooler than running from 24V. All that heat isn’t very energy efficient on batteries, either. [Stefan] wanted to do better, so he made a drop-in replacement for these venerable regulators some time ago. But he’s recently made the board layouts available so you can build your own replacement, too.
The device accepts 4.5 to 16V, and you can select the output voltage using two resistors. You can draw up to 2A out of the regulator, which is more than you can say for a stock 7805.