A pulley system has mass moment of inertia of 1.4kgm^2. If 8kg block is released from rest from S=1, by using energy approach what is angular velocity at S=2? Radius of pulley is 250mm. Note S is from the pulley centre.
This is what I did:
$$T_1+V_1=T_2+V_2$$ $$0+ 8(g)(1)= \frac{1}{2}(8)w^2(0.250)^2 + \frac{1}{2} Igw^2 - 8(g)1$$
Then rearranged for W and got 12.85rad/s?? Am I on the right tracks please? 
The mass is at the bottom and it is originally 1m away. The mass then moves down to 2m away from the pulley from this original position of 1m away.