Hi draaino, and welcome to the forum.
I agree with D-Dogg about cleaning up the electrical system, especially the corroded (+) battery lead.
Having said that, the symptoms you describe are exactly what one would expect if the lead to the cutoff solenoid on the bottom of the carb bowl were to short to ground. The engine would stop abruptly (since the solenoid wouldn't have enough juice to keep it energized) and the smoke would be coming from the melting insulation on the wire. Funny it didn't blow the main fuse, but some of those wiring setups only fuse the battery circuit and not the charging side, and your machine no longer has the battery side connected (hence, the requirement to fix the HOT LEAD!). I'd get this done before running it again or you risk burning out the stator and regulator as well. Why? Ask someone who can read a schematic.
I'm not sure why you think its a ground wire. My solenoid wire is black, but it carries +12 direct from the key. The solenoid is grounded through its attachment to the carb. On mine its a spade lug that pressed on a flat connector on the bottom of the solenoid. If that connection broke loose it would almost certainly ground itself somewhere nearby. It's all METAL around there!
The knocking is probably from the starting fluid. I recommend not using it to my friends, but encourage its use to my enemies
. What you're hearing is the engine dieseling on the ether and knocking the crap out of it.
The oil may be from the recently added dose (my be overfilled) or the engine may be toast. Fix the carb wiring and positive lead, get it running and see what other parts fall off. Just kidding. It'll probably be fine.
HTH,
Paul
I agree with D-Dogg about cleaning up the electrical system, especially the corroded (+) battery lead.
Having said that, the symptoms you describe are exactly what one would expect if the lead to the cutoff solenoid on the bottom of the carb bowl were to short to ground. The engine would stop abruptly (since the solenoid wouldn't have enough juice to keep it energized) and the smoke would be coming from the melting insulation on the wire. Funny it didn't blow the main fuse, but some of those wiring setups only fuse the battery circuit and not the charging side, and your machine no longer has the battery side connected (hence, the requirement to fix the HOT LEAD!). I'd get this done before running it again or you risk burning out the stator and regulator as well. Why? Ask someone who can read a schematic.
I'm not sure why you think its a ground wire. My solenoid wire is black, but it carries +12 direct from the key. The solenoid is grounded through its attachment to the carb. On mine its a spade lug that pressed on a flat connector on the bottom of the solenoid. If that connection broke loose it would almost certainly ground itself somewhere nearby. It's all METAL around there!
The knocking is probably from the starting fluid. I recommend not using it to my friends, but encourage its use to my enemies
The oil may be from the recently added dose (my be overfilled) or the engine may be toast. Fix the carb wiring and positive lead, get it running and see what other parts fall off. Just kidding. It'll probably be fine.
HTH,
Paul