Thanks Ed. Great looking boat. Please leave a link I would love to see the build.
Not much success with the trials today.
Despite building three ignition modules (had to buy quantities of components so enough to build five) and testing them before installation I failed to get a spark. Tested the the circuit again and found the one that I picked to install had a broken joint on the output transistor. A quick drop of solder, tested and all was OK.
Still no spark when fitted to the engine. I had checked that the brass brake band did not shield the magnet when stationary and it was OK. However a bit of googling and I realised I had totally forgotten Lenz's law.(It's been a long while since I learned anything about electrics and magnetism) The band was shielding the magnet when it was moving. I relocated the magnet onto the face of the wheel, moved the hall sensor accordingly and immediately got a good spark.
I tried numerous settings of the carb , from zero to three turns. All I could get was a few pops then a wet plug. I am happy with valve and ignition timing so I guess the problem is the carb. I tried to make the carb look sort of similar to the original with a long intake so maybe thats the problem. Also it seems the mixture adjustment is too coarse. I guess I may try a proprietory carb next.