I finally mounted the PMG on the engine.
I messed with it trying different stuff. I could use the plasma cutter and welder but I couldn't crank up the amps on the cutter and got no penetration with the welder.
I was getting 50 hz at 120 and I was worrying about the cycles so I decided to check the rpm of the PMG shaft and sure enough it was turning a good deal less than 3600 so I speed the 6/1 up till I got 130v @ 62hz and boy what a difference. I can now get great penetration with that Hobart 140 and can cut with a lot more heat with the Hobart AF400. Now the thing starts my 2hp compressor w/ no problem.
I think going ahead and running her at say 675 - 685 rpm would be fine.
I also have two ideas that i'll implement tomorrow that will make the governor favor more fuel than less.
Basically it will take all the slack and play out of the linkage toward the one side.
I am fixin to upload a video to youtube, but youtube is acting weird.
Here ya go
http://jp.youtube.com/watch?v=iM6tIdHbJl4