My eldest brother replied in the affirmative as to the cut-out notch with a section of angle iron to reinforce that segment. The actual cut-out, in section, is less than 1/3 of the diameter of the tube (at it's deepest point) , and less than 3" long. Indeed it is way over-designed and will be structural overkill.

My main purpose in using a second swingarm was many-fold: 1. I had a spare laying around, 2. It fits in the available space perfectly, 3. It made designing and fabricating the main pivot mount for the rising-rate linkage a "done deal" by simply fabricating a set of bushing blocks to fit the existing swingarm bushings, 4. Fabrication work is cut in half, 5. Integrity of the existing welds is very good, 6. The Dreer-designed unit has some shortcoming that are going to require additional work on my 880 to produce a satisfactory finished system, and 7. The Dreer swingarm also required custom fabrication of a new rear axle, spacer, and chain adjuster blocks.
Net result should be a better system at lower cost. Some may like the "trick look" of the rectangular-section tubing of the Dreer unit, but I think I prefer the "beefy look" of my unit.