Hi,
I am now reading around the web that other people have had problems with these regulator boards too. Not just this one, but with the LM2596HVS where the input is allowed to go up to something like 60 volts. The genuine chip takes 60 volts input no problem, but the fake HV version chip blows out at around 45 volts input. So there is clearly a difference and some fake chips floating around. Where they came from and how they worked their way into the parts stream is unknown at this time.
I have had very good luck with the LM2576 TO220 package, building the entire circuit from scratch myself. I've built them on a regular PC board etched just for that circuit, and also on those little 2x3 perf boards with the dip patterns etched on them from sources like Radio Shack, wired by hand with small 22 gauge jumper wire. They all work just as expected. One had a 15v 1 amp output for use with a flat bed scanner.
Someone suggested that i treat one of my 'fake' boards as a faulty circuit and just start replacing parts to see if the problem goes away with brand new parts. I have to wonder if a cheap inductor would cause this too if it saturates. It's not as likely now though, now that i have seen the fake HV version blow up. I guess it is worth a shot though. Swap out the inductor with a better quality unit first.