Oh joy (as quoted by Ren & Stimpy)
The joy of being a bit handy - today I teared down my PO totally and fixed all of the problems by reading Ziggyzumba's three articles on the 7750 movement (80 pages of good information with pictures on RWG). There were two main problems:
1. The seconds counter had jumped ahead about 1 1/2 sec. I fixed that by taking out the movement and simply push the seconds lever (very carefully) with the backside of a pliats pencil (the kind with a rubber on the back). Unfortunentally I did not have a remover for the arms. Otherwise i would have epoxy glued the arm back-on to avoid this mishap in the future. But this gives me another reason to open it up and relume it someday!
2. The chrono functions stopped working totally. If you shook the watch carefully you could make them move. The problem was this small spring that had jumped out of position. That spring makes the seconds counter connect to the second wheel of the watch. Without the spring it moved freely with the help of gravity. Making it not working all the time - easy to fix with a small pair of tweezers and a steady hand! (*picture courtesy of Ziggyzumba)
Only problem was to put back the movement holders three screws that keeps the movement snug to the casing. My fingers were a bit too big, so it took like thirty minutes of agony and rage. But it was worth it in the end.