Steel coaster wheels consist of a pair of center bearings, a metal hub (on Magnum the road wheel hub is a 12" cast aluminum hub, if I remember correctly) with a grease fitting to allow for bearing lubrication, and a 5/8" plastic tire around the perimeter of the wheel. To be completely overhauled, the wheel bearings are pressed out, cleaned, inspected, and either reinstalled or replaced; and the plastic tire is removed and reinstalled.
The problem on Magnum is that the wheels come up off of the track, then slam back into it with tremendous force. This has a tendency to leave bits of the tire attached to the rail, and to beat the crap out of the tire. The tire then ultimately fails, usually by developing flat spots or by actually shredding bits of the tire. Once maintenance arrives, a wheel can be swapped out in less than twenty minutes.
How long a wheel lasts is dependent on where on the train the wheel is located. Some particular wheels take more of a beating than others, so the wheels are not all replaced at the same time. The ride starts the season with all 'new' wheels on it, but the wheels are replaced on an as-needed basis. Some of them actually have a chance to wear out before the tire fails.
--Dave Althoff, Jr.
*** This post was edited by RideMan on 3/3/00. ***