You may have some gremlins hidden in there based on the fact you have already found corrosion in other places.
Regardless, you can check to see if the bike is feeding power into the controller and if it is, you can check to see if power is coming out of the controller and feeding to the servo.
Take the left scoop off. The vboost controller is a small black box on the upper right. Rectangular and kin of thin. There are two connectors on it. The round one is the output to the servo. The other one is the input to the controller.
Disconnect the connector that goes to the bikes harness (not the round one) and check for voltage on the side of the connector that goes to the bike, not controller. Key and engine switch must be on. Didn't see what year your bike was but on the newer models there were three wires if I remember right. Don't test the yellow one, test the other two. You should get 12 volts DC.
If this checks out you most likely have an issue with the controller. You can check for power coming out of the controller on the round connector. Connect the one you previously unplugged. Disconnect the round one. I can't remember what color wires to test for sure but I think they were both black one with a red stripe, one with yellow, maybe. Its in the Clymer manual. Test the controller side of the connector for voltage. Voltage will only be on these two wires with the key on and for a second or so after you turn on the ignition switch. Basically just long enough to cycle the vboost when you turn the bike on. Your timing will have to be right to test this side.
If you are getting voltage on the input side from the main harness but not the output side on the round connector coming from the controller then that is most likely your problem.
If this is the case try to put some pressure on the controller box with your finger or wiggle the wiring. If the vboost cycles then you know for sure you have found the issue. Some have had luck with removing the cover from the controller, scraping off the coatings, and re-soldering the input wires that lead to the connector that goes to the bike harness.
If all else fails you can buy a used controller from pinwall on ebay, a new aftermarket one from micromachines or something like that, or buy a momentary switch and wire it up to replace the controller. Thats what I did and it only cost a few dollars if you have some wire and soldering skills. See this thread......
http://www.vmaxforum.net/showthread.php?t=13143