Why do you want to put the E-mag on the E-bus?
The idea of the E-Bus is to provide power to ?essential? items so you can land at the nearest airport and make repairs. The single P-mag will get you home in one piece. The single P-mag will get you home and if you are worried about running on just one P-mag, contact E-mag Ignitions about upgrading your E to a P.
The E-bus should only power your EFIS, a com and a nav radio and maybe landing lights. The rest is just additional load. I have seen some E-bus designs that might as well be called the main bus. Remember, things that transmit, like a transponder, use a lot of power. Besides, ATC can still paint you even with the transponder off. They just won?t know what altitude you are at. For that, you can tell them, assuming you haven?t run your battery down and your radio is useless.
An engine will most likely run just fine without being monitored until you get on the ground, thus let your engine monitor go dark. However, check the current draw, it might not be that much and if it makes you feel better knowing the big noisy chuck of metal up front is still making noise, put it on the E-bus.
One other minor thing, if you put in a backup battery, put it in a place where it is readily accessible and easy to change. Then put the backup battery on the same replacement schedule as your ELT battery. Yes, replacing it every two years may be costly but it sure beats the heck out of it only holding a 30 minute charge when you need it most.
Just my $.02, which you didn't ask for, but there it is.