Wow thanks,
Looks incredibly similar.
So based upon your notes and video
I had traced the guts to the "butterfly" as you call it and yes to the best of my ability its pretty well centered. and both "wings" if you will are enganged when all the way released and all the way engaged. with stich length set to zero there is a little play in the reverse lever and just under 1mm of movement from the feed dogs/presser it places holes in carboard literally adjacent so it cuts a "slot" imagine this has some effect but may not be the whole story
1.) at max stitch length the feed dog is all the way forward as it comes up and not technically all the way backward but at the furthest position of its reward travel before it goes down when the machine runs forward. Whith the reverse lever held down the same is true however both the presser foot and the feed dog do not move as far back but the pick up/down at the apex of movement like they should. its just the apex is in the wrong spot
2.) Descending needle hits the plate at the same time the feed dogs begin their descent. and the presser foot lifts at the same time. I think this makes sense or is correct as its not compound walking foot so the needle goes up and down in the space where the feed is being reset. otherwise the needle would get pulled and snapped when advancing the fabric/material right?
I had also inspected and removed the stitch length dial/screw and that was all in good shape good symetrical nose on it, not much wear on the "butterfly" what irks me is it seems like i can see and trace back to the area that something is off but looking at it nothing that you could move or adjust makes sense that you could do it to fix it. (but i am very new to this, not technically things but this sewing machine is quite the interesting device)
also noted on pictures, ill upload here in future, past most forums prefer external links.
thanks!