It either is or it ain't. If it runs - run it. The material used in crank bearings on small engines can bind on the smooth surface of the crank with lack of oil. It is possible that it kinda polished itself back off. If that is the case, you probably shortened the life of the engine, but who knows, it could run for a long time.
Sometimes there is a little bit of aluminum that galls to the crank, that may be what was jammin things up. Sometimes you can get in there (without complete engine disassemble) to unbolt the rod cap, get a look at things. Sometimes you can just carefully knock any aluminum transfer off the crank with a lil pressure from a screwdriver or something (don't scratch the crank). But often times you have to use muratic acid to eat the aluminum off the crank. The acid will eat the aluminum but not the iron of the crank...