Yes, that picture was taken for a different reason, and No because that is not a rotating magnet, it is a rotating magnetic field chopper, the magnets are horse shoe type.
it also gives a consistent spark on 2 cyl v set up
sleeve inductor its called
the slip rings are well made and universal in 3 parts and are screwed on
iv had lots of broken ones as people assume they just pull off
i did a 180 degree bosch
for an early moto reve 50 degree v twin it had an eccentric gear train that
enabled the 180 output to be in position correctly
some of the veteran stuff is not built to a price but more like a gun
as enfield said
watford did similar with a sleeve rotating around a bit over the armature it did similar to keep best sparks over the timing range