Well i think im going to limit myself to throwing about 100 more bucks at it(i know it seem sill after whats been invested). i have fiddled with the air fuel mixtures and where it is at now is about as good as it get( rebuilt the carb on engine rebuilt to include new throttle shaft and bushing). I re-checked the timing and ensured my valve gap is correct. the coil and condenser are the original ones that came from the factory. The NAPA by me carries a lot of small engine stuff. So from here i think i will change out the coil and condenser, then reset the governor, then change out the points and plug, then throw an M68 hand grenade at it and run away. Either way i will end the day happy.
Worse case after next week i will drop it off at the 80 year old small engine guy a few towns down the road. I can only hope he has some sage wisdom that can help.