thanks for the ideas, They are helpful. the grounds are all solid, I am pretty sure the timing is not a problem.

Dan J-yes I pull the plug and watch as I crank the motor.

I need to rephrase myself when I said the spark is weak. There is no spark 98% of the time. the 2% happens when I let go of the key then the motor does a half-ass pop.

over the winter i did not have the alternator grounded and a charger on...so there was constant drain on the battery.

I recently replaced the voltage regulator. .....I am now wondering if it could be the igntion coil????? Is this supposed to get hot(not hot enough to burn though) or should it stay cool

I have narrowed it down to being electrical and whatever it is, it does not want to start until it is cooled off.

It will start approx 60 minutes later the motor itself is still relatively warm.

ON a different note, how so I get this thing liscenced to drive on the streets, right now I am darting around the back roads. I don't have a title. Can or should I try to title it as Hobbiest? I guess I need a State trooper to inpspect it too?
---You guys are being a huge help, thank you