Hey amercnchopz34,

Ok if I'm reading you correctly;-

1-way bearing - correct.
Big gear - wrong, according to the instructions that came with mine the wider shoulder goes to the motor!
Small gear, obviously wider side away from the motor.

Not sure what what grade your Red Loctite is, but I would use (nut lock) 243 it is light blue in color, or (screw lock) 222 it is pink/purple in color.
If unsure about your particular application, you can click this link to the [link=http://www.loctite.com/int_henkel/loctite_us/index.cfm?&pageid=20&layout=2]Loctite Application Guide[/link]
Remember Loctite can be your friend, but if you use too much or the wrong grade for the application it will become your enemy!

Edit ;- You may have to remove a small portion of the ring on your exhaust header (where the 2 springs clip into) to allow the exhaust to fit correctly, without fowling on the new rotostart assembly. This is a common mod needed to allow correct assembly.

Regards, .46NitroAddict [>:]