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I just walked back in from looking at my boat and came to the same conclusion. Next time I raise the mast, I'm going to attach a block to the mast step and see if the angle at the deck turning block is as bad as it looks like it'll be. If so, I'll be reinstalling the original setup.
BTW, when I was looking to replace my separator, I looked online for local plastic retailers. All I found was a large volume wholesaler in a nearby industrial park but I figured, What the hey? I walked in and met the nicest guy who, after I explained what I was doing, took me back on the shop floor and let me have a couple of 12" by 12" squares of 1/8" thick Tivar 1000 from the scrap bin. It was easy to cut the shape on my scroll saw. I had enough to replace the pieces on either side of my tiller pivot bolt, too.