It should fly the plane. The only issue that comes to mind is that rated hp is at 18k and I for one do not run my engines past 10 to 13k. With a 12 inch prop on there that engine probably won't see 18k rpms either. This is not necessarily a bad thing. I run a Thunder Tiger GP 42 on my Magic. It is rated at 1.1hp at 14k. I run a Zinger 12x4 prop on it atm and it pulls the plane around just fine for sport flying, Harrier, Hover, flat spins, etc. Full throttle is not used often, just for pull outs and speed pick up for vertical snap rolls or such. I am planning to try an 11x3 on it when I come across one handy to see if the throttle resolution and rpm pick up works out compared to the smaller thrust disc. I am going to guess that a .32 size cylinder might be a bit low on torque for high alpha slow flying with snappy throttle response but the weight sure sounds nice for a Magic. Overall, I would try it and see how you like it. It should be plenty at least to get used to the plane and see if you want more power later. Impress your friends with how well it flies on a small engine instead of one bigger than spec