Hypothetical 360 magnum build

No the flex plate is different from a LA to a Magnum. The Magnum weight is different and has windows for the crank sensor. Plus the starter drive ring.
I had to read it back to make sure I wrote it correctly. What wrote I is correct. You can use an entire LA rotating assembly in a Magnum block. The block does not care. The roating assembly dictates the balance factor and supporting parts.