Hi there, first thing first, thanks for the feeed back. I did remove the magneto to see what the previous owner did to make the unit run, I can send pictures if you would like but the inside of the cap had some heavy carbon tracking that appeared to have been repaired but not to any permanent degree. The capacitor was not a stock Evinrude capacitor and I feel like it was off from some car to have matched the coil and the number of cylinders. The points were the corrrect points for that magneto. One thing that I thought was totaly strange was there was a very heavy oxide, brown in color on all of the point contacts and so thick there would have been 0% chance that they would have conducted any current. The guy drilled a hole where he carbon idler brush is located and kept the brush and screwed on the outside of the cap a tower from what looks like it came from an old spark coil. Then he sealed the tower and the carbon traces with a similar black plastic to maintain electrical integrety. I think this was a interesting way to keep this old motor running and as long as the engine had a charging system I think that it could worked Ok, I don't know what the crud on the points is, it kind of reminds me of heavy lime build up.
Thanks for the responce