My trolling motor is not working properly. It is about a 1984 Mercury Trolling motor. Not spinning as fast as it should at high speed. I have taken it apart and checked the brushes and wiring, everything good. Brass bushings are in good shape and so are the seals. Is the magnet supposed to be as strong as it is? With the motor not in the magnets and with the end caps on the motor it spins freely. Smokes a little at the brush cap end when running and gets hot. Battery is fully charged, voltages does drop to 8 volts when I hit the switch to run motor. The motor will slow down and speed up with the potetionometer (don't know how to spell that) but it just seems to be binding up somewhere. Any thoughts? Thanks Todd.