Just a little update. Mtd Canada was nice enough to send me a pdf manual of a '72 reel mower but it doesn't look anything like mine...they didn't find a match for the numbers I gave them. I changed the points and condensor, flushed out the fuel tank, changed the oil, and it is now a runner. I think I've figured out all of the adjustments I'll need to make so I guess I just need to find out where I can get the reel ground. I'm pretty sure it's too rough to just lap it with some abrasive compound. There is slight play in the wheel bushings but everything else is nice and tight.
I don't know what it'll be like to actually cut the lawn with it but it sure handles sweet...very manuverable and natural feeling. :fing32: