Where that drive cup slot/window opening (where yours is chipped away some) mates into/with the mags driven flange can affect the run timing butttttttttttt I dont see enough to change things from 25 to 40 degrees!!!!!!!!!!!!! (Ima thinkin a broken spring and perhaps a driven flange NOT in place on the rotor shaft flat and the chipped drive cup slot could have contributed to that too fast 40 BTDC NOT the chip ONLY, see below)
The positioning of the driven flange onto the flat on the rotor shaft sure affects timing, if it were out of place (not tight onto) relative to the rotor shafts flat cuz the nut was missing NOW THAT COULD REALLYYYYYYYYYYY AFFECT TIMING. If the spring is broke the driven flange versus drive cup position can be jumping around also
The run time advance is a function of the drive cup,,,,,,,wear n tear n slop in the cup (and its window opening) and driven flange,,,,,,,,,the rotational position of the mag in the govenors flange,,,,,,,,,,,the points gap n wear n other things BUT 40 BTDC IS WAYYYYYYYYYY TO FAST especially when using gasoline
I think I would get a new drive cup n spring and get it all reinstalled tightly onto the rotor shaft n see where youre at then. I'd set the run timing more like 25 BTDC certainly NOT 40
Of course, the govenor gears postion to the cam gear can affect things, if all else is correct, when the left piston is at dead TDC (Flywheels Left Hand Impulse at 3 o clock) if the cam to crank and especially cam to govenor are allllllll in time, the open female slot in the govenor shaft end (where mag mates) should be flat horizontal fore n aft, is yours ?????????
Once youre sure the govenor is in time, Im thinking a new drive cup and new spring will enable you to get more like 25 BTDC then 40
Hey, the mags mechanical components IS NOT my thing, Im better at its electrical aspects, but this is my best shot until a real mag expert arrives to our rescue (Yo Duane !!!)
John T