K I redid the coils and points. When reassembling, fly wheel goes on over key, but will not rotate without reaching a blockage that keeps it from going a half revolution.
There is a small adjustment you can make via slotted holes in the coil screw mounting holes which should allow you to install them without rubbing on the flywheel magnets. Just loosen the screws and move the coils closer to the center line of the crank.