- when I was checking concentricity I didn't look too closely at the bearing outer race, but there seemed to be a gap between it and the housing. I presumed one of those bl**dy awful serrated gaskets? Still have some somewhere, if they're the same as BTH that is. They always seemed to slip sideways when I fitted them. BTW the camring is a good fit in the housing.
Only way I can think of re-aligning the bearing bore to the camring - assuming it's possible - would be to turn up a mandrel for the camring bore to sit on and then open up the bearing bore to take a sleeve.
Yup - the housing is bored to take outer race + insulator cup.
The insulator can be a pita but is a 'good thing' in the sense that you don't want any of the HT current running back to earth via the balls in the bearings and eating away at them over time. (You can see the effect of return current on the brass of the armature on many a mag, where dimples form on the earth brush track at the firing point(s).)
Probably makes very little odds in anything other than the very long term as long the earth brush/es is/are doing their job, but most mags have the insulators for that reason. They come traditionally in 2 thicknesses, 10 and 13 thou, to allow for wear, machining variations, whatever. Dimensions to suit the various bearing sizes involved. In this case an E15.
Bearings in all common mags are standard sizes, with E15 being used at the cb end on all Lucas K series (except C versions), also on the drive ends of early K series, and at both ends on almost all BTH. Same insulators therefore as what you have, almost for certain.. If your one had slipped in the fitting, or the bore has previously suffered damage for any reason, it could make a few thou difference to the concentricity.
On some of the early mags that didn't use insulators, it can make it a tricky job to get the outer races out esp from the drive ends, because there's no 'soft' gap to get an expanding extractor tool into. Lots of them have two wee holes where people have been reduced to drilling the housings and using hard pins to knock the races out - and sometimes they've 'missed' with the drill 'n all!)
Nowt wrong with setting the thing up to overbore and sleeve if you want though - that way you'll know it's right. Sometimes it's a good mod to bore out early K bodies to get them to take the bigger 18mm drive end bearing and fatter armature shafts that arrived in the early 50s. Especially for mags carrying the weight of ATDs, where it's not all that rare to find the steel shafts are loose in the brass drive end cheek.
Good news the camring's a good fit.
Only other thing to maybe mess with is the points. Sometimes, fitting a new opening point with an unworn heel makes a surprising difference to things.