Well, after my initial post of having the same issue, I have found that I am missing the outside collar.
PO had apparently lost it and put the step spacer on the outside, which made it look like everything was ok.
Have been trying to order one, have called all kinds of stealerships, and have found it discontinued.
Have had to work Saturdays, so have not had time to make it to one of the two salvage yards we have near this area.
But, once I do, I'll be back up again.
Thanks for letting my hang out, I've learned alot about the rear wheel get up on these bikes.