I believe the most common problem is that the spindle motor - which
is an odd concoction by itself - gets stiff. It may seem to spin freely,
but just not freely enough. The track info is on the inner edge of the
CD, which needs the most rotational speed, and if the motor has
problems, it may not reach the correct speed before the deck gives up.
The
bad part is that you can't really relube the motor without dismantling
it completely and giving it a proper overhaul, which is a lot of
tinkering. Mine was slow in the beginning, but improved to usable
condition by just playing (trying to play) the deck which apparently had
sat long unused after a loading belt failure.
The random start on track 1 (especially when coming back from the
end) is almost a feature of CD50 at this age. You may be able to
improve it by cleaning and relubing the tracks the laser block moves on.
The
loading mechanism will need a clean & lube at some point, but if it
works well now, I'd say leave it alone (quite a bit of work).
Resist the temptation to touch any electrical adjustments...