I think I need to go through the wiring because the only key position it would start in is in the third spot where my light comes on. Plus i have no headlight or neutral switch right now so I gotta see whats up with that. But I was more concerned about seeing if it ran first before the other details.
Turned out the gasket in the carburetor was preventing the float from going into the proper position. but it was a good thing because my float wasn't set at the right height either.
Gonna change the oil out tomorrow. What type of oil and weight do you guys run in these?
Thanks to Loud Mouse, G-man, and everyone else for the help. I'm almost certain I'll be asking for more help in the future.

Honda Dream by kenkah, on Flickr
you can also check out the video on flickr at:
http://www.flickr.com/photos/65268565@N07/5941701313/