I thought it was an interesting approach. The only difficulty is fabricating a drive for the pulley behind the timing cover. Easiest way is probably to just swap in the Atlas primary drive, with it's two chains, but then you don't get to use the Commando style points off the end of the cam. I can see other methods, (think noisy gear drive) but they all require a lot of custom machining to make it happen. Still, it's food for thought. As I recall, comnoz went through all that when he was working on his design to fit a combo starter/alternator in that location.
Ken