ITS ALIVE!!!
Rewired it, scraped off most of the corrosion, and unstuck the motor today. It still needs more oil as it scrapes when it runs down, but sounds great when up to speed. It is very quiet! Now I just need to unstick the friction drive roller and replace the rear wheel (it is rusted beyond repair). Something really cool is that the motor wires up by just plugging in the motor to switch cord. Here are more pics!
~K
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