So I picked up the People 150 I referenced above. I paid $900, which was a little generous, but it wasn't a shady craigslist deal as the seller was a coworkers family member. Its a one owner (adult), with pretty good maintenance records, both keys and the key code too. Was used as a daily commuter. Body was covered with stickers but no broken body parts. Lens cover wouldn't stay on left turn signal and digital clock doesn't work.
What I have done: Removed all the stickers using a plastic scraper and WD40. Fixed turn signal lens. Drilled small vent hole in fuel cap. Changed engine oil and gear oil. New spark plug and air filter. I adjusted valves, but they were pretty much perfect. I tweaked one just a hair since I had it apart.
What the shop has done: two new Shinko tires, new factory drive belt and a flush of the brake fluid. New Dr. Pulley rollers. Cleaned, adjusted, center stand so it would retract all the way. (I wasn't going to pay shop labor to replace clock battery.)
So far I am extremely happy with the Kymco brand. I have owned two Chinese scoots, one of which I still have. Good bikes to tinker with and I have self taught myself how to work on them. I also own a Yamaha Morphous for my long road trips.