did you clean your silencer yet!!!?
I tested electrical connections, plugs, rejetted, new piston and ring, almost threw away my pw 50 until I realized it was a plugged silencer from the choke being stuck on........I replaced the choke cable when I got the bike but the carbon had already built up.
now my pw 50 will pull my 200lbs around pretty well, it is a rocket with my 5 year old on it.
I agree it is rich stock but once I solved my problem I put the stock main jet back in, a 75..... It runs fine.
The kiddos don't understand the mechanics of the two stroke so (jetted rich) I don't have to worry about him pinning it forever or getting stuck and blowing it up. Plus it is easy to find him, just follow the cloud of smoke.