So reaching deeper into the problem I checked the flywheel key, removed and checked the muffler, pulled the cover and checked the gap on the tappets. All was as it should be. What I did next was to eliminate the ground wire to the mag. Low and behold it ran and even revved up. I mowed for about 15 minutes without any sputter or miss firing but it seemed to only be running at about 90 percent. I shut it off but had trouble starting it again. It would continue to run but it was a struggle to get it to rev without backfiring. At this point I can only figure that it must be the magneto. I can't understand how I could go from having the best mower ever to the worst nightmare with just a burp!