No idea on the rules and regulations at your local club, but my MMP has now been resigned to my spare parts box.
It's been replaced with the XeRun sensored system.
A LOT easier to drive, no cogging at all (always been a problem with my MMP's even on my 1/10th tourers) it's faster, has better software control of how much timing to advance and more importantly when, has proved more reliable (had 2 x MMP's up in smoke in the last 2 years but not 1 problem with the XeRun) and it's cheaper.
So if your local rules allow it i'd recommend he XeRun over the MMP, it's better in every single way.