754: this is why I asked the question in the first place. I didn't get any response warning me not to, though, so...
I understand that the shoulders would increase the gear's capacity for torque. It's too bad I've lost that, but: is the design of that other sprocket, which my new gear now matches, not the Honda original design? I have not seen too many cases on this board where re-engineering Honda's work has resulted in tangible gains, without some kind of compromise (excepting some of Hondaman's thoughtful mods).
If the gear matches OEM design, and the whole setup is actually stronger than before (530 vs. ancient 630), I'm still happy.
If you say my original problem w/r/t changed profile on the shaft is not actually a problem...well then, next time I'll leave the shoulders alone :p
Understand that my motivation to mill off the shoulders was the thought that I had gotten a sprocket for some other bike, and was making it work on mine. I couldn't find a 530 conversion front sprocket for my bike, so I just got one and made it work.