Hi Peter,
The 120mm matches up with the mounting centres on my L25
Richard,
Yes the L series started for the 23 season, the OHV engine changed in internal design a couple of times after the initial version
different main bush/ bearings and different conrod and big ends,
The oil pump /feeds changed for 1927 season
My "L" is a work in progress, I got a very good set of front forks for it recently

saves me having to rebush and make new links and so on for the ones that came with it
I now have all the bits to rebuild the engine top end too
John