Don't forget the cylinder on compression needs the brass slip ring segment under its pickup, it's too easy to swap the leads....and you will be very lucky to get it all right first time. Make sure the tapers are dry, set mag armature with points just breaking, and with everything set as RD mentions, push the ATD on with a good bit of pressure (a light tap if you are kinda rich as hammering magneto armatures is an expensive hobby) to seat the taper and carefully tighten down. They usually move a bit and there is a bit more leeway with a manual maggy.
Plenty of stuff on the forum concerning the outstanding performance, reliabilty and ease of maintenance of the good old K2F. (In a parallel universe far away)
Swarfy.