Here's an idea. When you start it the first time, have the air cleaner completely off and out of the way, but make sure the the screen over the intake opening is in place. Have a heavy plastic bag - like a 1 gallon freezer bag - and a hand towel handy. Fold up the hand towel 2 or 3 layers thick to where it is just small enough to fit inside the plastic bag.
Then, if it starts to try to runaway, slap the bag with the towel in it flat onto the intake opening. It'll suck down tight onto the intake screen - cutting off the air flow and killing the engine...
I'd think that using any kind of board would be hit or miss on getting a good enough seal to cut off the airflow completely. You sure don't want to risk the kind of engine damage Sootman describes...