Just thought I'd post some before and after pictures of the chipper/shredder.  It's a pretty big difference.

Before

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During

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After

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Waiting on some parts for the carburetor.  While I'm waiting I decided to take it all apart again and treat all the rusted spots and repaint.  This is a pretty expensive machine and deserves to be taken care of.  It got left outside for quite a while and had quite a bit of rust throughout the machine.  I completely dismantled it, scrubbed it all down, primed and painted all the rust I could find.  The blades were pretty rusty and dull, so I took them out and sharpened the shredder blades, now I'm working on the Chipper Blade.
On a side note, I sold the Murray 20" with the 3.5 Hp Tecumseh for $60 plus 20 for delivery.  I'm glad that I got it sold, I hate for a good machine to just be sitting.
 
Someone brought in an old Mantis Rototiller that has been sitting for a while and wouldn't start.  He dropped of the machine last night around 5pm and I had it running by 6:30pm.  I charged him $20 for the carburetor rebuild.  Then I asked him if he wanted some of the general maintenance done for another $10 and he agreed.  I lubed up the tine assembly(that was pretty much empty) and made him an air filter(since it was missing and was expensive to order).  He picked it up today and was extremely satisfied with the results and quick turn-around of his machine.
 
Finished Rebuilding the 5.0hp Craftsman Chipper/Shredder.  The engine was in good shape, other than the carburetor missing some parts(the guy that donated it to me robbed Peter to pay Paul).  I'm in the process now of ordering a new carb bowl and bolt and some new gaskets.  The chipper/grinder portion was pretty rusted, and some of the blades were seized up.  I spent quite a while getting all these parts cleaned and restored to I will keep you all updated on the progress.  Here are a few pictures of everything I've done so far.
 
Just finished the Murray 20" Lawn Mower with the 3.5hp Tecumseh Engine.  Runs great, super quiet, not really powerful with a 3.5hp motor, but great for a small yard.  Super easy pull start, everything went back together flawlessly.  Had a little trouble with the carburetor, some of the old seat was still left and had to clean it out.  So I snapped a few pictures and posted it on Craigslist.org for $80, which isn't a bad price for a practically brand new mower.  Here's a few pictures of everything dismantled.
 
Did some painting work on a house earlier this week.  The owner of the house had an old wood/brush chipper in the back.  It has a 5hp motor on it, and everything seems to be in relatively good working order.  Only draw back is the carburetor bulb is missing, which in a lot of cases means buying a new carb, because they don't sell the bulb individually.  This one is a craftsman though, so I'm hoping I can find the stuff I need on Parts Direct.  I had my jaw broken two days ago, so I am on the recovery side of this process and things are slow, but hopefully I will get better and things will pick back up.