Thought I'd pop this in as I've just finished refurbishing a Daiwa MM-2000 and there's little info out there on these reels. Cleaned, polished important stuff, and lubed. Grease was so dry it was epoxy-hard and took some near chiseling to remove. The LW was esp bad. Under the spool end cap I replaced an O-ring and added an oiled felt pad. Also replaced the leather drag washer as the original was worn thin.
Loaded with .0095" braid, it casts quite well throwing 5/16oz lures easily, and a 1/8oz sinker (no wind resistance) to 75ft. Has a terribly slow IPT at 16", akin to most of the old direct-drive reels. But it was fun getting it back up to snuff and seeing what that little reel can do.
Nice work, Paul!
Best, Fred
wow it looks just exactly like an Ambassadeur ;-)
it's a nice size for my fishing and I like slow reels, pity there aren't any ultralight aftermarket spools for these..