I finally finished the 149 today. The engine bore was at standard but the cylinder does have some wear in the thrust area. Ideally, I should have rebuilt it but circumstances right now preclude that from happening. So, did a valve job on it, cleaned up the head and resealed the engine. The PTO was weak and rebuilt it too. Jeff in Pa did the the machine work on the clutch. This tractor has a triangle 48" deck on that cuts very well (blades sharp, baffles in place, deck NOT rusty). I need to get a new muffler for it...loud as hell but runs very well.
Spark timing is essential for proper performance. This engine had the sight hole in the bearing plate located under the generator and inside the frame. In other words, very difficult to access. While the engine was on the bench, I found the marks on the flywheel, and static timed it. Like I said earlier, it runs very well.
The carb had not been touched...still had yellow overspray on it. Removed it, cleaned and rebuilt it. Throttle shaft not too loose.
The hydro control friction was loose and that was tightened to my liking and now it holds and does not run away.
Steering box was loose so it was adjusted and lubed too.
I like the tractor and it performs very well but I still prefer a comparable Quietline
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Queen Of The Quietlines! 
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