I was able to get down stairs yesterday and work on the moped for a while.
Took the wheel off and apart and found that the big spring that keeps the shoes together when you're not applying braking pressure had come off and lodged itself between the center hub and the shoe causing it to lock up even more as the rolling force moved forward.
I was able to pry the shoe out, Or should I say I was able to "shoe-horn" it out?
Once I got it out I check everything over and it was in remarkable shape for having locked up and having a spring lodged in place. There were some light gouges in the center hub but the braking surface was fine and so was the shoe and spring. I put everything back together and noticed that there wasn't anything that really held the spring in place other than pressure. So I used my welder and put a couple of small nipples in the inside ends of the spring so it can't come out again unless you are intentionally removing it. Unfortunately, when I got everything back together and was adjusting the brake the stupid cable snapped! But thankfully it's next to nothing to replace and adjust.
I checked out the rest of the bike and one of the pegs was a little bent up and I was able to pop it back back down with a couple wacks with the rubber mallet. The head light got jarred loose and it broke the plastic bezel that held it in place but I was able to put it back in place and retighten it. The handle bars aren't warped and everything seems to be fine with it. I cranked it up and it's acting like it has a slight air leak when I disengage the choke. Wants to rev up a little more than usual. I pushed on the carb and it started acting normal again. So I think it just needs to be resealed again around the carb.
Eugene, I changed out the jet to a 52 I think just to see what it would do with a much smaller jet. It didn't like that. It was spitting and missing with that. So the next step was going to be putting a 59 or a 62 in there. But I didn't get that far.
Andy, If you still want this thing let me know because I'm gonna put it up on Craigslist asap if you decline.
Thanks for the Well Wishes everyone! I didn't realize how much I lean on my elbow until I couldn't use it anymore. I can't even lay it on my body while I watch tv. Sucks.