Hello, First off this is my first post. I have a 67 40hp Johnson Sea Horse RDS29 electric start, just picked up the boat, motor and trailer for a bargain, motor would not run so after replacing the plugs I found a stripped out plug and installed a heli coil and plugs and have good compression in both cylinders, good fuel delivery ect... got the motor to finally start and had a miss so I checked the spark and no spark in the lower cylinder expected to find either a bad set of points, blown coil or wire. I pulled the Flywheel off (and what fun that was) Checked the magnets out and the larger/longer one has no magnetism at all, the other seems fine, Just to verify are both supposed to have magnetism or is one just for a counter weight? I am mechanically inclined however magneto systems are new to me, any ideas, thoughts ect....