Thanks for the kind words of encouragement guys. I don't know why I even bumped this thread except that I had to move something that was behind that bike yesterday and it was the first time I'd touched it in 5 months. My neighbor was there and asked me what I was going to do with the bike. He wants to buy it but I don't want to take the chance on him getting hurt on it. I told him it wasn't for sale.
Stephen King could probably write a great story about it. I imagine it would be something like 'From a Buick Eight' or 'Christine' both stories about possesed cars. King could have a ball with an evil, demonic motorized bicycle.