I got a very similar one from Hobby King (DE Warehouse) and it's got a scale 
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OK I'll get on it after I've practiced the soldering a bit and my skills are up to it (i.e. after the solder arrives and I've faffed about with some old flex lying about ... bound to be at least one defunkt soup maker in the 'gadgets which worked for a week' pile I can cut some wires off.To repair that light, you should unsolder the wires; cut the wires back to where the insulation is good; strip a couple of mm of insulation off the ends; tin them with solder - adding a bit more solder than to fill the wires; add a little solder to the pads; resolder to the original pads. I'd then squirt a little hot-melt glue into the hole to keep the wires from movement. That insulation tape will soon wear through.