I don't know if we don't have a sticking throttle shaft yet. On page one of this thread I covered: lubricating the throttle shaft, fuel screw, residual fuel screw, disconnecting the breather hose, oil baffle and more.
So far we have pulled the breather hose and we still have the phenom.
The phenom, from what I can discern is a high RPM hang up. There is white smoke in the exhaust, but we don't have a full blown run away. The full blast, E ticket at Disneyland run away may be on the horizon, but we haven't had it yet.
If this is a 1.5, their pumps are notorious sticking throttle shafts.
It would be helpful if we knew the throttle shaft was not sticking.
This can be verified by moving the throttle lever on top of the pump (ENGINE OFF) and see if it snaps smartly back to the Idle stop(residual fuel screw).
If is dosen't, apply liberal amounts of WD40 to the base of the throttle shaft and working it back and forth untill it moves freely.
If the throttle shaft is not sticking, the max fuel screw, or the residual fuel screw (idle stop) should be backed off.
To undo the Jam nut on the max fuel screw, use a 13mm box end wrench on the nut, while holding the screw with a long screw driver. When the jam nut is loose, move the max fuel screw OUT 1/8 turn at a time. Seat the jam nut and test the results.
Or, reduce the idle stop screw (residual fuel screw). Pritty much the same procedure as the max fuel screw, except you can do it with the engine running: undo the jam nut, move it out. The normal idle setting is pritty low.
If you move the idle stop screw (residual fuel screw) out too much, the engine may quit on decelaeration.
If you watch what your doing, and keep track of where you moving stuff, you can't really screw this up. You can always put it back to where you were if you don't get the results you want.
If this does not fix it, the only other thing I can think of is an increadably dirty are filter, and shot intake valve seals. If the air cleaner is dreanched in oil and plugged with dust and other crap, we may have high enough maniflod vacuum to pull some oil down very loose valve guides with shot seals.