In theory, I don't see a problem with it: both fire based on the position of the camshaft. You would need to swap out the entire system, save for maybe the ignition coils. The base plate to the pickup coil looks very similar to that of the breaker points, but I don't know if they are interchangeable. I haven't read about anyone doing this swap though, so there may be some important detail I'm overlooking. The biggest detail I see is mounting the timing indicator to the camshaft, might be worth seeing of the shafts themselves can be swapped.