Will it work? Upload a photo! I'm not familiar with the chunk of metal you're talking about.
No drawbacks, I guess. I'd be inclined to put an optical or hall sensor in the hole where the dizzy usually goes with a cap over it like a typical 90s CAS unit (mx5, evo, some toyotas, etc).
With even non-missing tooth wheel on the crank, yes. With missing tooth on the crank, no, but it's pretty easy to do... hours, not days.
What's your attraction to sequential? Hopefully not from this:
viewtopic.php?f=54&t=1954 See point 5 :-D
There are valid reasons, but... :-)
Fred.
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