I had this funny feeling that I just might have had the timing out by 180 degrees.
I tried to verify #1 TDC by:
the thumb over the plug hole method - couldn't feel it [probably fingers too cold]
compression tester - no reading
small piece of paper over the hole - BINGO
ALSO verified by watching #1 valves - exhaust, suction, compression and then the pointer was at the notch in the pulley.
and the rotor was pointing at #1 position.
So I did have it on #1 TDC !!! Just to completely get rid of my funny feeling, I pulled the mag and set it for #4 TDC and still no fire.
While I was switching it back I checked the governor lugs to be at 8:30 and 2 o'clock positions - lining up with the punch mark on the gov case.
[they weren't this way when I originally started this - that is what led me to find the gov out of time]
And checked the marks again on the rotor gears.
Tried it again after switching back - no fire.
I even turned it over by hand and watched the valves - and #1 plug sparked when I thought it should.
Eugene wrote:One more check. Crank engine slowly over by hand until magneto snaps. Check rotor position. If not at #1 spark plug tower, roll engine over one more full turn until magneto clicks. Now move the engine crank shaft until the pointer/timing mark is about 5/8" past the TDC alignment - this should be close to the full advance (normal running) position. Now check the rotor location - should be pointing at (centered on) the distributor cap #1 plug wire location.
Checked this also.
Pulled the manifold off to make sure there was no obstruction in there.
I have been assuming this is still a 6 volt system.
Could that be the problem if it is in fact 12 volts?
I have been hooking a 6 volt battery to the coil for juice and hitting the starter with 12 volts from a battery charger/jumper.
I'm not even close to giving up yet.
Next is to pull carb from Hercules after plowing is done and try it on Bashful.