The centrifugal switch is closed when starting, it opens at speed. So if it was ALREADY open by the time you over drive the motor, then it remains open and the start winding and cap are still out of the circuit.
If on the other hand you bring the motor up to speed with the engine and only energize it AFTER you get to the over drive speed, then when it is first energized, the start winding and cap will be briefly in the circuit. Not really sure what that would mean, but I agree with Compositepro, if that's the way you are going to do it, just remove the centrifugal switch and cap, you don't need them and it's just something else to fail.
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