Over-complicating this dood....
Set motor to full advance mark.
Align red dot on the magnetic trigger with the hole on the stator plate marked "TIMING"
Kick it a few times to try and fire it off. I have found that the best way to do this is to keep making incremental adjustments until the bike starts easy and idles fine. Trying to adjust the stator plate while it's running is difficult, most times you'll adjust too far out of range and the bike will die.
Once it's idling nicely, take the strobe, point it at your timing marks, hit the throttle, and watch the advance rise, then stop when it hits full advance, somewhere between 3000-4K. The RPM isn't what's terribly important, it's making sure the strobe and the timing marks are aligning to full advance.
This is really helpful:
http://www.650motorcycles.com/BoyerMicroPower.html
99% of the dudes replacing their new boyers with pamcos didn't install or set them up correctly.