A couple of things to consider.
The LBC's have relatively small cap diameter, plug wire electrode spacing, rotor length/height/insulation.
Increases in plug gap require higher voltages, better rotor insulation, larger plug wire electrode spacing. Higher voltages with the stock setup are more likely to cause cross fire between plugs, & rotor insulation break down.
Note that more modern distributors, designed for higher voltages-plug gaps, have larger diameter caps & taller rotors with the accompanying greater insulation & air gap length between plug terminals & between rotor top contact & shaft.
The weak point on small Lucas distributors is the small amount of insulation between the rotor's center electrode & the shaft underneath. Increasing the plug gap requires higher firing voltage which puts even more stress on the marginal rotor design.
Lastly, if the plug gaps are set at the maximum that the system will fire, there is no margin for the increased plug gap as the plug wears. Constant plug regapping will be required to keep things working.
D