I picked up an Italvelo Lloyds a few weeks ago, cleaned it up, greased the wheel bearings, installed a new petcock, fuel line, in line filter, and spark plug. After several rides around the block it goes around 35 downhill, 25 - 30 on level ground, and 10 - 15 up even the smallest hills. The previous owner installed a new piston and rings, but nothing was done to the bottom end, so it's possible the engine needs rebuilding.
This is my first Franco-Morini M01 bike and I am wondering what type of performance to expect from it. I haven't looked at the front sprocket yet, but the rear sprocket, 28 teeth, is tiny compared to my Minarelli bikes, which usually have a 44 tooth in the back. As I look at my other F-M M01 bike, a Scorpion SC-1, I see a similar sized rear sprocket on it as well. The Scorpion has 17 inch wheels while the Lloyds has 16 inch wheels.
So, what is the proper, stock sprocket gearing on Franco-Morini bikes for 20, 25, and 30 mph set ups?