Half the flywheels DON"T have the dowel though, this is why I thought it was no issue, rb30e and quite a few aftermarket ones are missing the dowel hole.
The single dowel pin is about 1/4 the diameter of the flywheel bolts, I really doubt the added shear capactiy would do anything, if it was going to shear without it they would use different bolts. I am just not sure what the reason other than locating it is there for.
Surely they would have two opposing larger dowels if shearing was the issue? I am fairly sure the bolts are hardened steel of some sort, probably similar to the dowel, wouldn't the shear properties of the bolts even if a weaker grade still be far in excess of the dowel?
It looked like the dowel only located the flywheel itself, it didn't stick through and touch the clutch? If it went through the clutch then I see your point.