Probably wont last very long. The missing magnet means one phase will have 1/2 the force of the other, reducing cranking power. if it happens to stop on that dead spot, it may not turn over after that, but as long as it stops anywhere else it will have the power to turn over, so probably once out of every 20 tries or so, it could get stuck... would not depend on it. You need to get it replaced.
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