Yes, that looks correct now. If you haven't done so you need to check that the teeth in the underside of the ratchet bar are still in good condition - if they get rounded off through long wear, they let the pawl (spring steel strip) slip back.

This is the main thread on overhauling the Greenfield clutch, especially on long shaft (that is, early) models:

https://www.outdoorking-forum.com.au/forum/u...amp;Main=5106&Number=19698#Post19698

There were later ones that refined the technique a bit, but the differences were in the detail.