Depends on your take on a good idea. To hold the magnets on it is an excellent idea. Unless you want to spend at least 50% more on extra magnet size it is a stupid idea as the leakage flux will be dreadful.
If you are worried about the magnets staying on then just skim a shallow groove in the disc less than 1/8" deep and this will prevent any chance of the magnets sliding outwards. If you just epoxy them without casting them in a block then this may be a good idea but Dan's stainless band round the disc is possibly even better. If you cast them in epoxy for weather protection then they won't be going anywhere but the groove, stainless band or a few screws sticking out of the steel disc to key the cast block gives you added security. The cast block will hold them together, the only possibility is that the cast block could slip as a unit. With epoxy this is virtually inconceivable but it can happen with polyester.
Forget milling pockets it's a waste of time, magnet and performance. If you feel that you really have to do it then do it with an aluminium ring for the magnets but sit them on the steel not in it.You will need to fix the aluminium retainer to the steel discs for complete security if you do it this way.
Flux