OK johnnyrude, after much study (again), I think I have the problem figured out. I have been making those timing fixtures for over 3 years, and nobody has complained. Now you come along and say it is 180 degrees out. You may be right.
Picture from the service manual shows #2 points to be on the left (that would be #1 if it were the Universal Magneto).
Photo from manual rotated to put front at top of picture. Note striped wire on left points
Wiring diagram in manual has front of motor at right side instead of top of page. Infers that the upper coil is #1 (WRONG)
Rotating wiring diagram to put front at top changes position of coils. Upper one is #1 (correct).
So, what’s wrong with the timing fixture? They changed the position of #1 and #2 points (swapped left to right). So, timing fixtures are stamped with T & B ends swapped to match. HOWEVER, I now see that OMC milled the crankshaft key slot 180 degrees from the old position, which puts T & B back where they used to be.
johnnyrude, I am going to sent you a corrected timing fixture. Please let me know how it works out
Frank