I have heard of cases where they fail if they get too hot. We have fitted them to GT750 triples, CB72 race bikes and CB160/175/200 racers on the crank or in place of the points. Only one has died so far and that was when a top end ran out of oil and the cams and rockers turned blue with the overheating, so it wasn't a Dyna problem as such.
They are not "universal" though so if they don't offer one for your bike you have to design a fitment. RD250/350 for example need a different rotor and modified back plate and someone offers those. CB450 needs a modified GL1000 set. Interestingly that GL1000 set fits a number of older Hondas.
85 Shadow came with electronic ignition from the factory. Is there a problem with it or just looking for a possible upgrade - just in case?
If the pickups are still good but the Ignitor box has died it may be easier to get a replacement box or go with an Ignitech fully programmable unit. Those are a little more expensive than a dyna though.
Why do you ask?