Thank you all for all advices, link and explanations ! :thumbsup: really cool.
I think I will discuss thinks by topics, as many replied for same subject...
First, about 50Hz and power. Yes most of people here have habit for 120V / 60Hz, while a big part of the world is 240V 50Hz.
I don't care who's right and who is wrong
(if any), that's not really the subject. In our case it just mean speed for a two poles generator has to be 3000 rpm (50Hz) or 3600 rpm (60Hz). We don't discuss inverter here as the generator speed has not to match with output frequency in this case.
About power, this gen put out 2150 watt, even if it is a bit less than 10 Amps this give the same power as 20 Amps 120V. Yes it's a small one, but it's all I need.
By the way, one advantage of 60Hz is you have more power with the same engine, especially with old one they like revving
But this make more noise too....
About the speed adjustment, here are some pictures. Tried to adjust with the thumbnut (which has yellow paint) but does not seem to vary a lot. I checked the linkage and all is free / moving correctly. If I understand correctly, when I turn the screw to move the little black plastic to the left RPM should decrease ? This release the spring behind (second pic).
Will try again as pictured (should be low speed), if not I have to adjust the governor arm as described by Rivet.
For the recoil start / ratchet mechanism, thanks for explanation and video Boudreaux In Eunice La. and SRTsFZ6 !
Was able to spray some WD40 in mechanism and magic happened... seem free for the moment, can clean all later if necessary (easy shroud removal with 3 bolt, not an issue).
Forgot to mention unfortunately some traces on bolts of head, crankcase cover. Someone worked on it before, even if I prefer when not its not a big surprise for a 30y old engine.
Also checked the plug, it's a RCJ8 and the owner manual (but dated of 1997) mention RJ19LM. Seem to be same plugs with different hex size ?
Don't understand the heat rating, no chart mention one for direct replacement to the other. But it has paint on it, should be the original one. The gap was horribly wrong by the way... about 0.40mm. Adjusted to 0.70-0.80 now.