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Is there a fix for a Homelite 3314 chainsaw,cuts out when reved up?

A Homelite 3314 chainsaw, approx 2 yrs old with very little work done. Starts easy. Initially running but unable to get full power when rev'd up. Now just stalls when you rev up. Local repair shop reports that this was a cheap model with a history of faulty gaskets and is not worth repairing. Any advice?
John Irl, October 2011
link Click here to see other fixes for Homelite.