Sorry to say FE but look at all the crap you have to install and all the mods you have to go through just to fit behind the motor, I know your not interested in installing one off the point's timing cover so all good there, thing is as well having a maggie sitting behind a hot motor is a worry of over heating the maggie, I have had 2 British motorcycles running Joe Hunts first one a 2 rare earth JH on my 81 Triumph Thunderbird that I clocked up 250k trouble free km's with the JH and the last 13 years now with the 4 rare earth JH on my Norton, no need to retarting it for starting first kick every time even when it's been sitting for sometime and hanging out in the cool air flow and the best thing above all easy to pull off to do any maintenance, but so far in 13 years I haven't touched it except for taking the top cover off to put a few drops of STP on the lube pad for the point's cam, yes it sticks out but I have been down 2 x now on the maggie side and the JH has survived each time, yes different story if set up on a race bike and the risks of coming off at high speed but my mate raced his race Triumph with a JH sticking out the side, using soft bolts that sheer off if he went down that side, by the way I ended up with that JH for my old Triumph after he stopped racing, anyway thought I throw in my 2 bob's worth.
Jim Smit be someone to talk to as well about installing behind the motor as he has his set up on his test bike with all his goodies, but I have never had any problems with mine sitting out in the cool air, set up and tuning is so simple where it is, by the way I also use the soft bolts just in case.
Everyone has their opinion on where it should be mounted, but most people have never had a JH maggie or a maggie period, for simplity and huge spark a Joe Hunt is great from running at low speed to going flat out, faster they spin the bigger the bang no matter where it's mounted and they are so fu.king reliable and a 5 minute job replacing the condenser, the tune up kits are cheap comes with new point, condenser and plug leads for about $35 from JH, but so far still running the original points in mine with well over 35k miles on it and it still starts first kick every time.
Al don't compare a Joe Hunt to the old lucas maggies as the Joe Hunts are so much simple to work on and a 5 minute job to change a condenser compared to the Lucas maggie as I have a competition Lucas maggie for my Manxman project bike, don't even come close to a JH maggie.
Ashley