do not remove the shaft from the magnet...........as shown in the link. When removing the magnet shaft assembly simply mount the motor coils atop a socket large enough to allow the magnet to pass through. The plastic thrust washers will need cleaned. there is one under the set bushing, and one at the bottom of the magnet/shaft. The bottom of the set bushing that rides against the top thrust washer will need polished.
The brass sleeve the shaft rides in will need cleaned. the top of the brass sleeve will need polished. The recess in the motor shaft needs filled with a light grease. Then oil the shaft and slide the magnet assembly up and down some to pull the oil into the sleeve. When setting the set bushing the magnet will have to be supported. You should be able to set the bushing to where there is no felt play up and down, to just a minimal amount of play. Don't put the outer can back on yet. Run the motor with oil setting in the bushing pocket, and clean it every hour or so and check for discoloration, add more oil and repeat. check the motor for heat. It should get warm to the touch, but not hot. If it gets hot, either the bushing is too tight, or the cap is out of value, or both. Put the can back on when you're satisfied with the rebuild.