I will take a pic of the two small "holes" in the fins.....oil appears to be seeping out here.....as for the compression tester, I concur that I have to break down and buy the right reducer and then get the compression tested to confirm or rule out rings, valves, timing etc. I also will check tomorrow the O-rings and intake manifold BETWEEN the carb and the head for leaks. Gonna set the pilot screw to 1-1/2 turns out and leave it. Can I assume that since the hesitation goes away with choke, that the problem is NOT ignition module related?
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