ok, I will try that!
update...I finally got the timing perfect with the points at about .016 inches and it ran just fine....although I noticed the magneto assembly (flywheel, magneto and that whole assembly) was really hot and the nut popped off
so I cinched it on and rode for about 30 minutes. And changed jets around....my smallest jet seems to be too big (66).
Oh yeah I also am using 1/2 fuel line......not sure if that matters but it is a good snug fit.
And anyways I noticed something was wrong and the moped wouldn't start again....so I took the flywheel off and saw that basically my woodruff key was too small and that the flywheel was moving without that woodruff key keeping it in place
I fixed that by making a woodruff key and it is snug in there now with no tolerance.
But my main problem is I think that either my stator plate is moving or my points are moving.
B/c once I get them set perfectly and I get 1 huge perfect spark then I won't be able to get any sparks.... until I reset it again.
I am thinking that nick out of my stator is allowing it to move since the screw only hold onto 1 side instead of being surrounded by material. The outside metal chunk fell off...
I have another engine which I will one day build back up but I am scavenging parts from it as I need them....
Thanks for all of your input!!!!!!!!