Spin as the Basis for Quantum Mechanics: A New Semiclassical Model for   Electron Spin
  A simple real-space model for the free-electron wavefunction with spin is proposed, based on coherent vortices on the scale of h/mc, rotating at mc^2/h. This reproduces the proper values for electron spin and magnetic moment. Transformation to a moving reference frame turns this into a wave with the de Broglie wavelength. The mapping of the real two-dimensional vector phasor to the complex plane satisfies the Schrodinger equation. This suggests a fundamental role for spin in quantum mechanics. 
Alan M. Kadin