The Tech Articles has a write-up on diagnosing the electronic cruise control. I think, though, that your's is vacuum, isn't it?
I have a diagnostic for the vacuum cruise setup. I'd paste it in here, but it's 30 Kb, perhaps a bit big. If you'd like a copy I'd be happy to send it as an email attachment. If so, PM me with your email address, and I'll get it off to you.