Take a look at the undercut between the commutator segments. If it's undercut at least .005" then it should be fine, but if the insulating material is even with the commutator bars, then it may be keeping the brushes from having good contact. Also check for sticking brushes. I've seen that problem a couple times in the past few months.
Also check each of the twisted wire connections between the 6 field coils. I use a battery charger to run 6 volts through the coils and they should use about 1 1/2 amps for the 5 brush field and about 2 amps for the 3 brush powerhouse. I recently had a problem with one where the twisted wire made connection when I tested it but sometimes didn't have output. The wire was broken at the base of the twist, and while it made connection most of the time, sometimes it didn't. There was enough wire to scrape it clean and solder it, so the fix was easy.