There was a bulletin issued by Honda back in 1999 for a possible worn drive pulley, which may wear rapidly especially in dusty conditions. Symptom may include the belt coming off, or belt slippage due to a worn pulley. Your S/N is in the range of units that COULD have this problem. The fix is a new pulley and drive belt.
Next, another bulletin for "ground speed too slow" and "may not roll backwards" came out 20 years ago, but the affected units were built BEFORE your unit, and it appears your mower got the updated parts (control arm, spring, change cable spring, etc.)
Finally, the shop manual has some basic steps for "Speed is too slow"
Drop me a PM with your email and I'll send you copies to the bulletins.
Full paper shop manuals are available from Honda via eBay and Amazon (free shipping):
Honda Power Equipment Shop Manuals on eBay
Honda Power Equipment Shop Manuals on Amazon
robert@honda, thanks for the information!
For others reading this post, the Service Bulletins address two possible problems: (1) the Drive Pulley (on the engine shaft) needs to be replaced with an improved model (P/N 06751-VE2-L00); and/or (2) the transmission Control Arm Kit needs to be installed (P/N 06225-VE5-305).
When I replaced the transmission drive belt, I seem to recall that I have the original one-piece Drive Pulley which is now replaced by the two-piece Drive Pulley. However, the Drive Pulley Kit is rather expensive and I would hate to replace it if that is not the problem. Is there any way for me to determine if the Drive Pulley I have is actually defective? The Service Bulletin addresses this case for "dusty environments" which really don't apply in my case. My guess is the original pulley may not be at the correct angle for the v-belt and the belt can slip -- especially when dust is present.
I may try the Control Arm Kit mentioned in the other Service Bulletin as it's not very expensive and would be worth trying (<$6, plus shipping). While I'm at it, I may replace the Clutch Drive cable as mine was slightly damaged (the outer covering) as it was rubbing against the Transmission Drive Belt (that is, there was too much slack in housing under the deck).
One more bit of information... I do vividly recall when I bought the mower that the technician told me he could not adjust the speed properly. He said he tried several times and it was not up to specification but he gave it to me "as-is" anyway. At the time, I didn't think much of it as I didn't know how fast it should have been going. It wasn't until recently when I had issues with the rear drive that I started to dig deeper into getting the mower back into shape.
I do have the Shop Manual for my HRB215K2 -- it has been an extremely useful guide and I highly recommend anyone wanting to work on their own mower to get one for their model.
The next problem I wish to attack after I (hopefully) get the speed issue resolved is I would like to have the mower start on the "first-pull" as it did when I bought it. Back in the day Honda had that TV commercial with Clara Johnson doing the final QC-test and it "passed" if the mower would start on the first pull. Now, my mower may take 4 or 5 pulls before it starts.
Is this likely a carburetor issue? I have already replaced the spark plug and the "normal" tune up maintenance. At the beginning of the season I'll usually end up spraying a bit of carb cleaning through the air vent and all is well. I have taken off the fuel bowl and it's very clean.
Thanks for any additional information anyone can provide,
Al.