Wiz, 
I bought from a brick and mortar shop in southern california.  When i called him, and sent the same video,  he said all of his machines are like that.    ..    I was going to buy at my local shop but the man insisted that no one makes a speed reducer pulley.   It was at that point i thought i better look elsewhere.   
I removed the throat plate,  it is not that,   It is when the presser foot strikes the feed dog.  If i leave the foot raised,  I can turn the machine easily.  Foot down,,,  it binds at the moment they touch.  I am not sure what the downward pressure on the foot should be.  I already loosened the setting,  not sure if i should keep going.  I do not want to go to far and have something pop put of place???? 
Thanks, 
Chris