Replaced the rim on a Racing Zero 2WAY-FIT

A customer brought in the front wheel of a Racing Zero for service.
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The reason for my concern is that
there's a team name sticker stuck on the rim.
The rim's bead hook has several dents in it,
and while the wheel truing (done elsewhere) did a pretty good job of covering it up,
the customer wanted to replace the rim, so I took it in for service.

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The rim is dented, and there are several spots where the brake shoes aren't making contact.
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Looking from above, it's like this.
It's pretty dented all the way around,
but honestly, I'm impressed they managed to true it well enough to keep it usable at all.

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I replaced the rim.

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Since this is a 2WAY-FIT rim,
as I mentioned yesterday, the valve hole position isn't centered between rim holes—
instead it lines up with the unskimmed section of the rim and one nearby rim hole.

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So, in case the bike gets stolen for parts,
I positioned the red spoke nearest to the valve hole on the left side.
It's a "theft-deterrent configuration."

...Now that I'm writing this, I realized
the customer actually did want that theft-deterrent setup. Oops, my bad.

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I replaced two spokes.
One is clearly bent, but

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the other one was twisted.

Since there's the theft-deterrent conversion and rear wheel inspection to do,
I'll write more about that later.

Continued:
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The front wheel theft-deterrent conversion is complete.

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Next up is the rear wheel. The image above is from after the work.
I forgot to take a before photo, so I couldn't use one.

I need to inspect and do the theft-deterrent conversion, but
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I've taped a wheel magnet to the black spoke nearest the valve hole.
The Racing Zero rim has reinforcement that doubles as a weight at the rim seam,
and it's so heavy that even with the valve positioned opposite to it, balance is poor.
So positioning a magnet weight near the valve hole is probably the right approach.
I'll figure out how to deal with this later.

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First, I'll work on the hub.
There's surface rust seeping out, which is a bad sign...

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I pulled the hub axle and tapped out the freewheel body.

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I wiped down the hub axle.
There are scuff marks from the bearing rust on the outer bearing of the freewheel body,
and the corrosion seizing was so bad I couldn't pull the freewheel body out by hand.

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I removed as much rust as I could.

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When I removed the freewheel body, the bearing came out with it.

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↑ Original bearing
The outer race isn't too bad, but the inner race is rusted.
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↑ New bearing

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I cleaned the inside of the freewheel body, added grease, and replaced the outer bearing.
The inner bearing showed no signs of damage, so I didn't replace it.

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In the end, it became a full hub overhaul.

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The rim is slightly off-center toward the freewheel side, but since I didn't check the preliminary center,
I can't tell if some of that offset came from the hub overhaul.

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I removed the black spoke near the valve hole.
It shows no deformation, so it can be kept as a spare spoke.

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I measured the distance from the end of the spoke to the magnet...

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...and moved the magnet.

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I finished it with heat-shrink tubing.

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The theft-deterrent conversion is complete, and
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the centering is spot-on.
There's practically no runout.

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