That was interesting. I'd always wondered what they used to provide a predictable source of resistance to the force generated by the varying magnetic field. Clever to use permanent magnets and associated eddy current related force, since they would stay relatively constant over a long period of time. Also interesting about the couple of hacks they use to account for friction at very low power levels.
At one time in my early youth, I had a job rebuilding gas meters - the type you have outside your house metering your gas service. They are basically very similar to a steam engine driven by gas moving through the pipes. They (at that time) used leather bellows instead of cylinders. BTW, they virtually always slow down with age, which gives the customer a better and better deal over time. Moral of the story - never complain to the gas company that your meter is not accurate unless you're absolutely sure of it. They will replace it with a freshly overhauled and calibrated unit, and your bill will likely go up!