Hi all, I finally got around to doing something I've been thinking about for a couple years...disassemble, clean, re-lube, and reassemble my 1976 Speed King. It was still functional, but slow.
I watched all the youtube "how to" videos, and read past threads on this forum, and they all helped make the job easy. Thank you! However I question Ludwig's original use of, and the modern guidance of packing that thing with so much grease. I think that is totally unnecessary. We know that wheel bearings on vehicles must be packed tight with grease, but they are subject to far more stress, pressure, speed and temperature than I can generate with my bass drum foot!
I couldn't help but relate my experience with military firearms, both semi-automatic and full-automatic (machine guns). Generally speaking, only a light film of CLP oil (commercial name is Break Free) is necessary. Where you have high-stress contact between two steel parts, a light application of Lubriplate-type grease can be used.
So, when I reassembled my Speed King, I put a light film of Home Depot's "Blaster PB-50 Multi-Purpose Lubricant with Teflon" on all parts, with a generous spray into the two bearings. I then put a thin film of Lubriplate on the top of the two pushrods, where they interact steel-on-steel with the "cam shafts." That's it. And that pedal FLIES! I plan to open up that Speed King again in a year, and see how my "minimalist" recipe worked. It'll sure be an easy job, not dealing with all that grease!
I welcome comments from others with more experience than I have. I will post my disassembly technique in a separate post.
Regards, MB