Yes an engine like this will last forever... even if you are drunk you can't do too much harm because he won't run without oil :laughing:
But cast iron bore, crankshaft bearings and all in metal camshaft are really good choices for a long lasting one. Even air filter cover, all metallic and chromed, smells quality - a lot more than my other china clone generator with already a broken tab...
If you can't do it yourself it's clear it takes a bit of time to remove muffler (add more time if you break a bolt), carburetor and fuel tank to be able to access to breather cover. Then you can check clearance, and if you have to adjust more time to remove head and valves. Than reassemble. But at the end, for an engine in nice condition, it worth it - because you don't have a quick a dirty made cheap china engine (even if they work great for the price, most of the time).
So I put back the air filter, half tank of fuel and after a few pulls it started ! Now I know how governor / carburetor works, when I remove the choke I push on it to let it rev lower, like 2000-2500 to let it warm up a bit. But when I release it it rev up to 3500RPM, still to high. And already at minimum speed with speed screw.
I do what Boudreaux said - I bent the tab back quite a bit to fall just below 3000 with no load. Tried 700W and 1600W load (two stages fan heater) and adjusted the screw up, and the best I could to be close to 230V - 50 Hz - 3000 RPM :
No load 3100 RPM - 237V - 52Hz
1600W 2950 RPM - 217V - 49Hz
The engine run nice, it is way more stable/even than before and handle well the load ! Proper spark gap and no more head gasket leak helps a lot I think.
If someone want to I can try to make a small video clip.
I will change the air filter and prefilter (not sure if I buy original or cheap one), than I will double check the mixture even if it run nice. It looks like he love the fuel by the way :licking: :laughing:
Thanks all for your help and advice on my little project, it's quite satisfying to learn things and ending up with a neat generator ready on hand :thumbsup: