Meatpile, this is Victor.
You have two different problems in your car. There are two components in your 99 V70 that will eventually fail in all the vehicles.
#1 is the ETS, all of them will eventually fail. That's most likely the reason for your ETS light. Lots of money. I'm currently looking for the part that needs to be replaced on those to be able to repair them.
#2 You have a new generation ABS control unit that also fails at about 85K miles or 5 years. Again, all these units will eventually fail.
I'm able to repair about 97% of the units I get.
Repairing and upgrading your ABS unit will most likely take care of your ABS and brake lights.
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