I'd think a hell of a lot more than 30 Rusty. More like 85 or 90 foot pounds maybe even 100. Hell, the little wenie capscrews on the fork protectors are 27Nm.
Rocky is saying the keyway is bad, or soft but it's not the keyway. The keyway is the milled slot in the crankshaft and the sprocket is broached. The key itself must be the culprit but most keystock is mild steel and not heat treated in any way. I thinking that what the problem is, is that the key stock is a sloppy fit in the milled/broached rectangular slot the two (crankshaft and sprocket) parts make. Normally, the key is a slip fit in the rectangular opening between the two parts with the fixing nut applying the holding torque.
That's probably hard to visualize and I'll have to consult my Machinery's Handbook for the exact fit. I've seen keys that fit tightl;y and others that fit loosely but the deciding factor is the clamping force the fixing/clamping nut applies to the assembly.
I'll pull some techinical data tomorow and post it.