Solid saws and strong for their displacement. Reed valve and high compression.
Blue Prestolite ignition coils are the Achilles Heal. High failure rate. If it is an earlier points version, even better. Unfortunately, there are a lot of nice looking XL-1/super-ez/super-mini and the bigger xl-76/130's sitting around with dead coils. I have retrofitted some with alternate coils and re-timed them from scratch.
If you were looking for a nice first taste of Homelite, I highly recommend tracking down a 58cc xl-76/130. Very strong saws with great torque and good cutting speed.
Edit: Here is a link to the latest 130 I had apart. Husky retrofit coil and a 24" bar in frozen Douglas. I had an air leak in the video. Pulled the jug and resealed. Runs even stronger now.
Homelite Chainsaws