5.9 Magnum out of manual truck going to work?

Okay I'll do that and I'll be just converting it to carb so I guess the magnetic thing on the back of the motor I assume I can just remove it and do away with it altogether?

Yep, you won't need it if going to a carb. You will need a different distributor though. Mopar Performance, MSD, Pertronix, etc.