One photo is better than one thousand words........ ( So you all know that I didnt understand a thing from all of the above)

[&o]
Edited: What will be the size of the magnet ( and the hole to be drilled on the hub) . I understand that the hole should be a round one. Is only one hole ( and the magnet) enough?
Some photos will really make this clear... and I must confess that My English is not so bright...
Thanks and regards.
Zafer