I havent had time to get to the store to buy a fuse and test lamp, but I just wanted to make sure I'm looking at the right thing. It's the red wire coming off the back that is connected to the off white/yellowish wire that goes to the carb....correct? It looks to be pretty shredded, as you can see. Also, the throttle valve switch wire (if I'm not mistaken) is clipped...as you can see.