Gary is right,
With a motor conversion this kind of magnets is almost perfect. I've recently been given some like yours (1/2" x 1/4" round N40) ones that will be used in a 130W motor conversion. Zubbly has used such magnets for much bigger gennies too.
BTW, I need 48 magnets in my conversion...
Conversions should give you more power per volume-unit of magnetic material. But they're quite different to build, as compared to the usual axial flux gennies. Plus you'd need to have machining capability (turning, milling) to convert one.
If you can do this, you might look into a conversion. Zubbly is the master of that trade, check out his stories.
You could also check out my IRC gallery (see header of this reply) to see some of my half-finished conversions.
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