If it's been in storage than long, I would take the wet side apart, soak in vinegar, brush with a toothbrush, and reassemble. Might be just enough buildup, even though you can't see it, to make the wet side drag. I had the same issue with a MP 40, it spun free, or so I thought, but after cleaning no more problems.
Also are you using the right spacer for a ½" thick tank?