i just finished rebuilding my 49 the other day. the damn thing is exactly the same as before i cleaned and rebuilt it. it won't the spool to reel in unless the drag is cranked down, not all the way but engaged about 1/4 of the way. and it also has no freespool at all. i cleaned everything, using simple green, white vinegar and mild scotch brite pads. then reassembled everything back to spec. i broke it down again to double check everything, and it was all in place. my only thought is that maybe the main gear is not a "stock" gear. i don't know. it's frustrating and costing me more than i payed for it originally. all of my parts were purchased through penn parts.com by the way. somebody out there must know something about these reels. thanks.