It is a very nice article in this month's MEW about fractional horse power induction motors. The only point that gave me a slight pause for a cringe was the idea of cleaning up the centrifugal switch contacts with sand paper. Almost all electrical switch/relay contacts have very fine coatings of rare earth metals to avoid corrosion and consequently high resistance. Sand paper will strip these coatings off and give a quick fix that rapidly deteriorates.
In the absence of a burnisher (I've only ever seen one once in my career, here's a link to what I mean, http://www.tecratools.com/product615.html) I'd suggest a toothbrush and contact cleaner. It's also useful to set up a slight wiping action on the contact.
There will be motors without special finishing on the contacts and these can be sandpapered but if you can't tell the difference between these contact types then err on the side of gentleness.
A very nice article Ted.
Colin