Yes I think it is a mag because the spark plug coil is not the external bolt one square with rounded top. the plug wire comes from under the FW like an OMC mag
I have a another identical short shaft and it is magneto style with one point like… a 3.9 I also have also.
I have a feeling it will be a good runner ….waiting for winter doldrums to open it up.
Joining AOMCI has priviledges 🙂