i've got a 123 with the ign switch moved up on top of the dash like yours.. I think the decal may be a bit mis leading to people.. it says ignition just like it says choke on the other side... so people drill a hole and put it up there to match the choke... that's just a theory.... but it sounds good! 
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Jay
40 years of Using and playing with IH Cub Cadets!
Proud owner of the following:
Cub Farmall, Super A Farmall, Original, (2)70's, 72, 100, 102, 123, 105, 125, 127, 108, 128, 1450, (3)782's, Yellow 982, 1782, "Sam's" 2182, M Farmall and a #7 trailer
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