Those are trigger modules that replace the points, and can operate at much higher rpms than a conventional mechanical point system. Timing is the same because you haven't done anything to the flywheel setup, that is unchanged. Magnets go by the coil, you get some juice, it happens when it is supposed to happen, flywheel to coil pickup is the "timing" with single cylinders, so there ya go.
Capacitor discharge ignition - Wikipedia, the free encyclopedia
I know there is all kinds of nostalgia for points, and I own points driven stuff...but no manufacturer today, small engine or vehicle, uses points, none that I am aware of. If points were better-in ALL aspects***- from an engineering standpoint, they would still use them.
This is just like the carbs versus fuel injection....no car companies ship with carbs anymore. If it was better, one might think at least one major company would do this. *Eventually* saws will have fuel injection, autotune and mtronic, with stratocharging, are a stop gap before that time.
***yes, I know, easy to use your old book of matches to clean and set some points on your desoto. Been there, done that a lot. Times moves this away, forward >. That was then, this is now. From the same displacement, vehicles now get loads more horse and torque, and double the fuel economy. Solid state ignitions and fuel injection did this, primarily. Saws got higher rpms from solid state ignitions.