Bah! "I have an immaculate 2004 XC70 with a dead CEM" - so all you need is CEM reflash! In fact, 2004 was the last year when the flash and EEPROM chips were separate. Flash is "program", EEPROM is "identity". 2005+ has both functions buried in one encrypted chip.
I didn't try it myself, but it could be all you need is a donor CEM (same part number) and EEPROM chip transfer, which is relatively a basic work for any electronic hobbyist.
P2 (2001-2007) XC70 is the best car Volvo did in past 20 years.






