Scott, this was a soft heat dryer. Heat started on high and reduced as clothes got dry. NOw, with it being timed, only, I have wondered if the heat backed down as the times got less.
Also, you are correct about you remembering similiar dial, but there was a square timer dial--that's how I guessed the year. What you remember was a series 70 washer. My cousins had the match to that washer, a dryer. Temp knob on one side and a dummy area on the right. Had the three color cycles of normal, wnw, and delicate.