Sounds like you are close. Ya need to adjust the height of the led or change the range of adjustment of the head. I don't know how to do that with a Mag. Moving the led seems like it would be easier.
I have spent some time working with the focus of a Lux V and a McR38. I had a bench setup that allowed precision measurement and movement of the reflector.
I am not a scientist. Just reporting what I believe to be correct about a specific Lux/reflector combo. Some of it may apply to your mod.
Since the McR38 is designed for relatively tight focus, it is easy to see the results of slight movement relative to the "hole". In the focus range that produces a noticable hole, movement of less than .003 made little difference to my eyes. Things got noticable with .005 changes. That's about the thickness of a piece of paper.
Here are some of the things I noticed:
1. The "hole" is caused by bringing the 4 individual dies of the Lux V into focus. The more they are focused, the more distinct the hole will become. It will become an "X" at the tightest focus. (all of this at about 3 feet)
The hole will vary with distance from the light. At normal usage you may not see a hole at 15' that looks bad at 3 feet. The hole is much more noticable at lower current settings.
2. It's all about reflector type (flood/spot) and focal plane - the height of a particular reflector relative to the LED die.
3. Not all "identical" reflectors have the same focal plane. Due to manufacturing and mounting methods, it is easy to have the height vary enough to make a noticable difference.
4. The led (other than the die height issue with Jokers) is the most consistant part. Seldom will changing led's make a difference unless you change the height of the die when you swap the led.
5. Flood type reflectors have a wide range of "good" focus compared the spot types (duh). There is a lot more room for error with a flood type reflector. The SFIII-V light is a good example. They removed about .250 from the bottom of the McR38 reflector. This made it impossible to focus tightly, as designed.
It produces a large, very floody hot spot with slightly more spill than a U2 and no sign of a hole in the beam. My full length McR38 produces a tighter beam with less spill than the U2. Quite a difference due to focal plane with the "same" reflector.
6. Lux V's have 2 different die heights. They differ by around .015. It matters. Using a reflector that works good with the old style die will almost certainly cause a problem with a Joker. There is a lengthly discussion of the Joker in McGizmo's area.