I agree - the 2 events are not connected. Sounds like a fuel blockage - remove the carb bowl nut and drain the carb. Remove the bowl and check that it's not full of crud/water. The bowl nut may also be the jet - depending on exact model. Check it's clear. If the jet is in the actual carb. you will probably need to remove it from the engine and clear it with a piece of copper wire stripped out of electrical cable.
The flywheel key is SUPPOSED to shear in the event of a sudden stop - to prevent a re-start until you have investigated the problem. On a points engine, the engine will not fire with a sheared key. On an electronic ignition engine, you will probably get a kick-back sharp enough to discourage you from trying again without fixing it! An object solid enough to shear the key is also capable of bending the crankshaft.
phil_saunders(a)bigfoot.com
Phil Saunders
May 2011