I reset the timing to as close to 28deg as I can(without a degree wheel). The engine ran much better. It is to dark to get a tach reading but it sounds good. Also running the muffler off of the saw. I do have an issue though. I can't seem to get it to run at high rpm, it has a terible miss. I had the same issue on the MLD28 but it went away when I mounted the engine inverted. I tried to wiggle all of the wires around the sensor, make sure the plug cap was tight on the plug, adjust the high speed needle lean and rich with no success. After about 24-30 oz of fuel I got it to peak out a couple of time for just a second or 2. If I run up the rpm slowly it is better but quickly starts missing again. It is more odvious above about 5500rpm. At idle and lower speeds it seems very consistant.
What can I do besides buy a new ignition? Is it possible the magnets are confusing the ignition? Remember that on rare ocation for a few seconds it will peak out and then start missing but mostly just start missing above about 5000 rpm. I do not have a spare pickup magnet to test with. On the MLD the issue is there also when the engine is cold and seems to get better as the engine warms up and went away when mounted inverted.