It will work. Just try to avoid grounding if the crocodilebeaks are big. Don't be tempted to set the idle too low. I prefer mine to idle @ 1100 - 1200 RPM.
For those of you that prefer, like Mooshie, to use a dwellmeter, here is a tip.
Years ago I have attached two ‘blind’ extra wires to my coils (12V-) both with a female connector at their end. Once you've set your timing correctly, these wires allow quick diagnoses later on. If you are satisfied with the timing, write down the dwell for future reference. Almost all changes in timing originate at the contactbreakers. When the dwell changes, so does the timing. When you suspect the timing is off, before opening the ignition cover you can now simply connect the dwellmeter to either extra lead 1&4 or 2&3 and verify if dwellangle is still the same or has changed. It’s important ofcourse that those connectors are well shielded to avoid ground. That's why I choose mine to be female. Mine are accessible close to the ignition key (old model, under the tank).
I have had these wires attached for years now. What I like is that I can check really quick without even having to remove the ignitioncover.