Oh yeah that key can be an issue, but electrically the fuse for control power was melted down.On a serious note, check the key for the flywheel. I had one of those do that and the key had sheared causing all kinds of issues. A 13 cent part fixed it. Might not be your issue, but it's something to look at. I also had a push rod bend. Sitting at the front of the tractor, right side under the cover.
Speaking of that key, I had a friend contact me several years ago because his push mower wouldn't start. He said it backfired before not starting.
Told him it was probably the key.
Said I'd be on the way to help him replace it. When arriving I witnessed him using a 16 lb sledge hammer to beat it into submission.
Apparently he replaced the key, it backfired once again and he had been pulling the rope for awhile on a hot day.
The sledge hammer was the obvious choice for him.