If the governor arm is moving at all then the insides are probably ok. Inside is just a simple mechanism to push against the internal governor arm. If it's moving outside of the machine then it's probably ok.
Have you tried to re-set the external governor arm? The procedure was posted here a few days ago so should be easy to find.
I think your carb may have the top plate with the linkages under it. If so then there is a small screw under the plate to set the high end.
Are you sure you have the governor links in the proper holes? Spring tension can be a factor also.
Are you sure the low idle screw is not pushed out too far?
This message was modified Dec 2, 2008 by trouts2