I don't have a book for the 700 handy so I can't look at wiring diagrams. I would imagine it is the same as the other '01 machines though.
On my Magnums, if you can start it with that black wire removed and the kill switch is good, then the problem is probably the rev limiter. On the magnums, it is a separate part however they do not come with a speedo either. When I put a speedometer kit on one of mine, it replaced that with the same function in the speedometer itself. I think my 600 book covers the 700 too. I will look when I go out to the shop.
Edit: My book does not show a 2001 700. It starts at 2002, but there is no separate rev limiter. Everything goes into the speedometer
Mine: 2018 Sportsman 850SP - 26" Bear Claw HTRs on OEM steel wheels(I really don't like the Aluminum ones)
Polaris Hand warmers, Mirrors.
Hers: 2019 Sportsman 450. 26" Bear Claw HTRs on Moose 427X Wheels.
2007 Sportsman 500 EFI, Polaris Winch, 25" Bear Claws QSC Clutch Kit, Hand Warmers
2001 Magnum 325 MOSE 12" rear wheel conversion. 25" Sedona Coyote tires
2017 Polaris Ranger 1000XP - Roof and front glass
2018 Kawasaki KLR650
2001 Magnum 325 Warn winch and Moose 60" plow-Sent to Daughter and Son-In-Law since his blew up
SOLD 2004 Sportsman 600 Twin
Last edited by stave7119; 02-01-2017 at 09:56 AM.