You'll need to come up with a way to secure the flywheel 100% SOLID to the screw. When this thing hits, the screw stops and the flywheel wants to keep going. lot of force on that connection. Worst case, you'll have to remove the screw and flywheel and have the shaft built up, the flywheel bored and matching keyways put in. The mounting area should be a taper and there should be a nut on top to pull it down tight.
“There are painters who transform the sun into a yellow spot,
but then there are others who, with the help of their art and their intelligence,
transform a yellow spot into the sun.” ~ Pablo Picasso ~