i really hope there is nothing wrong with the ignition module. it would be a pain to send it to DA from India.
anyway, on a good note, the edge is almost repaired and it will be as good as new. i have a 2300mah 6v nimh battery that I'm going to put on the ignition and try to see if it helps. with that battery there shouldn't be any problem with voltage.
also, i found some pennzoil 2T oil which I'm going to try.

i should be able to start the engine in a day or two. any suggestions on where to set the H and L needle?
the outside temperature dues get very hot, around late 30's and in summer it will reach mid 40's
so, i wonder if i should set the needle rich and forget about the gurgling sound for right now.
hopefully the gurgling will go away once the engine is broken in.