If your saw will pull with the plug out, it is probably just compression holding it from turning over. Try putting your saw on the ground with your foot in the hand hold and giving it a pull. If you are unable to get you foot in the hand hold, try clamping the handhold in a vise and give it a pull. If it doesn't turn over at all, you will possibly have to take the engine apart and look for obstructions. I would think that it's just good compression though, especially if it is a nearly new saw that hasn't been run much.
Lew, May 2008