Just a few thoughts. If you are sure it is #3 giving you a problem, I would pull the flywheel and check the dist cap and rotor, making sure the contacts are clean with no carbon build up. Remove #3 wire and check it carefully and make sure there is not a spot where the the insulation is worn, maybe at a clamp. Check the wire at both ends for corrosion. Clean and check point adjustment.
Just a few thoughts. If you are sure it is #3 giving you a problem, I would pull the flywheel and check the dist cap and rotor, making sure the contacts are clean with no carbon build up. Remove #3 wire and check it carefully and make sure there is not a spot where the the insulation is worn, maybe at a clamp. Check the wire at both ends for corrosion. Clean and check point adjustment.
The wave washer is ok. The factory used that type of washer to take up slack-the bolt bottoms out, but does leaves a little slack in the throttle cam. The wave washer is designed to reduce the slack, yet permits the cam to move freely on the stud. The bushing normally has a factory crack cast into it. It lets you slip it over things and provides a channel for the lubricant. The black spot on the inside of the cowling foam is very interesting. It's possible the #3 plugwire is bad and is shorting (arcing) to ground inside the hood at that location. It's not far for spark to travel to the cowling latch bracket, where it could go to ground through the aluminum lower cowling cover. A new plugwire may solve the problem. You might be able to duplicate the arcing with the cowling off. Ground a screwdriver on the lower cowl and move it within an inch or so from the spark plug wire while the engine is running. See if you can get the wire to go to ground on the screwdriver.
The bushing is a split bushing and that is a wave washer all factory. Does number 3 have a heli coil in spark plug hole???
Just a few thoughts. All it takes for your cylinder to fire is timed spark, which you should have because the other cylinders fire properly. Compression and fuel, which one is missing?
You can use a timing light to check the cylinder is firing.
I guess nobody can confirm my question, or perhaps I am asking too much
Ok, I am going with my instinct and enter a no mans land of carburetors. Going to start taking it apart, and take pictures as I go along...with me luck.