Greasy,
If the magnets were not exactly 180 degrees apart or if they had a different magnetic strength, then you would see two strobe marks on both sides. Each trigger magnet fires the same coil 180 degrees apart, so you always see both strobes on both plug wires. If they were, say, 175 degrees apart, you would first see one and then 175 X 2 = 350 degrees later you would see the other. Because of the persistence of the eye ball, they appear to happening at the same time. In other words, the two strobes would appear to be 10 degrees apart on both plug wires. This is a possibility, but it is not what Rlauchard has observed.
If the timing chain were badly stretched or needing adjustment, then even if the trigger magnets were exactly 180 degrees apart, it would still be possible for them to fire at some effective separation other than 180 degrees, but the result would be the same. Two strobes would appear on both wires.