Dear Mac:
cross-posting to sci.engr.mech (there are some cookies over there too)
I'd look at the bearings, bearing "race", and bearing plate (the turntable). Take a look at a lazy-susan for details. Is the plate "housing" the bearings (at the same level as the centerline) free to rotate as the bearings roll? Are the upper an lower plates metal, so that the bearings don't "embed"?
If you remove the turntable, does the clockwork mechanism operate to allow the weight to fall?
I would concern myself with the bearings that end up supporting the weights. The first driven shaft will be under tremendous strain.
Thats my first pass. Hopefully others will have other good ideas.
David A. Smith