I think the "compression spring" is actually the idle screw poking out a lot. The vane/throttle spring is the right length and matches the images of the correct p/n 260875 so that seems ok too. The governor link is also the correct one.The sort of thing those 1/2 wits on face book do in their videos showing how they make $ 1,000,000 a year flipping mowers using nothing but junk they pick up for free
There should be a rod linking the throttle butterfly to the governor vane and then 1 or 2 springs linking the same rod to the throttle cable via the spot where the spring is currently attached.The little compression spring between the throttle & the manifold should not be there at all , looks like it was salvaged from an empty ball point pen .
Coil is a cheap Chinese knock off of dubious quality
The engine numbers should be stamped into the blower housing directly above the spark plug and is probably filled with the paint he used to tart it up .
I agree about the magneto. I bought it as B&S and didn't check until it had been fitted. Still it does (for the moment maybe) spark well and I don't associate it with the regular 1 second speed changes, 1 sec up, 1 sec down.
Still there has to be something that's gone wrong since 1977 when it was built! I just have to find it.