Good afternoon all,
I check the governor this morning - it's working fine and not hanging up. Seems like 140 or so VAC is normal for these without a load. With a 60 watt light bulb (the old filament kind) it settled down to 125 VAC. Pretty cool little machine. Runs really nicely and isn't as loud as I thought it would be.
Finally got some photos taken of it this morning as well.
thanks much,
ben