Wow, has it really been 6 months since my last post on this ?
I recently found that I had a Round Tuit, and with that, you can do anything.
Bit the bullet & obtained a sump gasket for the motor & decided to strip it down. (Nothing to lose really). Got another indication of brute force/ignorance inflicted on this motor. 7 bolts holding sump pan on motor, 1 was head stripped (Had to tap it out with bolt remover) and 1 bolt was a complete mismatch. No surprise that once inside, found that the governor arm was on the wrong side of the governor.
Replacement bolts were obtained from a 2nd donor engine (a dead Lawn Beetle) & everything re-assembled. No small task.
Once re-assembled, managed to get the engine started, but there was some lag when I tried to increase revs. Removed carby once more, and did another clean, but this time used the wire from inside a bread tie to ensure all jets were clear. (Yes, I know the purists will shudder & complain at this, but I did have a second carby to use if it totally stuffed it).
Engine now starts, runs, and fully responds to throttle control. It Lives Again !!!
Once again, thanks to all who offered their expertise & advice .
P.S. the original parts donor was put back together with parts left over. It now also runs, perfectly, but will look for a new base for it.