OK, so I have this baby spinning like a top. But still have the issue of reels 2 and 3 indexing at the same time.
If you manually push the index arm on reel 2 back, reel 3 will go back with it and vice versa. They will both return to index position with ease when you let them go.
If you hold say reel 3 in it's index position and try to move reel 2's index arm back. It will go back, but there's binding there, and it wont return home until you push reel 3's arm back. Then they return home together with ease.
We were talking about the variator wheel on reel 3 previously. it's spinning good now, but I don't believe it's the issue. However I did notice that it's missing a little wire contraption. I have included a picture of it from another mech. Not sure what it does.
Cheers
Rod