My thoughts.
You are replacing a tufnol gear with a steel gear? Tufnol might either ‘deform’, ‘run in’ or simply get chewed away in short time if the incorrect tooth form is adopted.
At least the magneto drive is beyond the cam and is, of course, only half engine revs. I think I would be making it in aluminium if it has to be metal – more chance of it ‘conforming’ rather than wearing the cam gear as well.
I’m surprised that the gears are 20 degree pressure angle, but maybe they were introduced long before I thought…
I might be concerned when considering RJ’s comment re straight cut and helical, but I don’t know enough about gears to compromise too much – at least for fast rotating ones. One of our experts (Andrew) is unfortunately ‘on holiday’ from the forum. Might be worth sending him a personal message?
Is the engine ‘safe’ if the cam drive were to fail? Just a thought… … Likely to go noisy before failure, if it were to wear, I suppose.