Well, I went back and set up the timing and it's much better now. No more kickback when cranking but if it doesn't start on the first try, the motor will spin over backwards a couple of revolutions when I release the key from the start position. Then it's cranking time again until the fumes clear out of the air filter. After that it starts really easily.

I remember adding the MCFA delay timer to many Cats years ago when they first came out. Nothing like having to change an engine just because the ear for the starter mounting hole is broken off the block.

I've found that Hyster, Cat and Clark all had the same problem, yet the local Toyota dealer says they've never had the problem. Wonder if they all came up with the same fix because the price of their kits varies from $170 to $450cdn.