Great that you got it unstuck. It's not a rotary, it's an oscillating hook. Goes back and forth, not round and round. There is no wick there, a small drop of oil on the race once in a while is sufficient. Here's a great tutorial for overhauling the motor. It's for a 201-2 but it's the same motor.
http://vssmb.blogspot.com/2012/01/co...ted-motor.html
Cari
If you peruse other postings on Rains' blog you'll find a wealth of info there.