Only in theory. As timing can be issue. On some engines even the flywheel timing has to be shifted. Since I don't the time to experiment getting a coil from another brand or model I stick with the OEM design forthe machine I am working on. A good example of this some the Husqvarna chainsaws that I work on where they fit different coils and flywheel even the same model series. On these you must match the coil to the flywheel.
Grinding down the pick-up will reduce its sensitivity which also will delay the triggering as takes longer to get up to the induced trigger voltage. This would shift the timing to more ADTC instead of BDTC which produce lower power even if this engine even runs. On top of that some modern electronic coils have timing advance systems built-in.