I thought this was my picture at first glance, but mine is closer to the pulley to allow more room near the damper. I'd recommend drilling a small hole through the pulled into the damper. That way if you ever have to remove the crank pulley, you know where it goes. Otherwise, you will have to go through the whole timing sequence again.
FYI. If you are planning on using micro, you don't need a crank signal off the crank, you can use the distributor signal.
I wrote up a thread on my conversion here -->
LA sequential fuel and spark EFI conversion