Cheers Max, seems straight forward enough.  Have to wonder how the chinese PT fairs up compared to the legendary Aussie PT.  
 I have an old utility with a blown head gasket that sat in the weather for 20 years, when i pulled the cord it spat water at me from between the head and block lol, just have to decide if i can put up with looking at the late model PT sitting up on spacers or take the time to strip both engines and put the short shaft in the late model PT