Just beware that there are two different plates that could be installed on the govenor pad. One has the slot mentioned and one doesn't. If you have the flat plate without the slot machined in it, you need to pierce the rear crankshaft plug. Also, if you intend to remove the governor drive and associated plumbing to save weight, you will then need to pierce the rear plug in the crankshaft.
Good Luck, Mahlon