Minto. All is not lost, just a few other things to check.
Undo the points retaining bolt, gently remove the points plate. Give the housing a good clean making sure all carbon particles are removed. If the points carrier is a brass one, there should be an additional earthing brush which bears on the magneto points housing. This is often overlooked. There is another earthing brush beneath the brass screw adjacent to the magneto name plate. Once more, often overlooked. Good chance to dismantle, clean the points, and lubricate the pivot. If you have a later steel backed points carrier, make sure the points spring does not touch the camring. The design of the electrical pathway is different, so the steel plate type does not have the carbon brush, but the spring touching the cam ring earths the points and gives erratic running.
Before replacing the points plate check the keyway in the armature and the locating tab on the points plate. There should be no rock between the parts.
Groily knows more than a thing or two about magnetos, and by all accounts replacing the original condenser with a more modern variant is a relatively easy cost effective cure, providing the armature is reasonable.
Otherwise its a case of a swap to a cheaper version of electronic ignition, retaining the faulty maggy as a carrier, as RoyC did recently.
This saves the cost of a new dedicated housing and keeps the bike looking unmodified.
DIY magneto servicing is relatively easy, plenty of information available as regards basic dismantling and electrical testing. An exchange armature is another possibility. Reading earlier posts on this Saga, there is the possibility of carbon brush particles within, between the armature and body, so a strip down and a good clean out (not forgetting those spark gap screws) may be next. Providing everything goes back as was, the armature endfloat will be the same. Cleanliness is the key. Good chance to give those bearing a little bit of HMP Grease, and to inspect the slip ring properly for traces of tracking.
Brightspark Magnetos and Priory Magnetos are highly recommended as sources for parts and information.
Swarfy.