Sounds like you just want to upgrade the reverb tank. With a real spring reverb there's no way to control the decay time. The way you describe the reverb knob working is pretty typical. They usually just serve as a mixer between the "dry" and "wet" signal. Most are set up to keep the dry signal at a fixed level and just bring up the reverb level. This means you can go from all dry to half dry/half reverb. Some units, like the fender stand-alone reverb units have a true blend pot setup so you can go from all dry signal to all wet signal. These stand-alone units also have a "dwell" control which is basically just a volume control for the reverb driver amp. Increasing the dwell just drives the tank harder causing more "dwell". Fender doesn't include this control when it builds reverb into an amp so all you get is a level control.
-Matt
-Matt