I was just looking at this thread today and decided to weigh in and hopefully am helpful. Years ago I was involved in the development of a some skateboard trucks so had to do tons of analysis on metallurgical stress loads. It is insane how much stress a 90 pound 10 year old can put on a skateboard truck. That said, the load that the tang on the distributor to the intermediate shaft contact patch will be insignificant for the grade of metal that both are made of. The biggest stress point will be the shear line on the tang on the distributor shaft itself. The short engagement will not increase the likelihood of shear occurring as the load it sees is minimal due to the sealed bearing supports of the shaft in the distributor itself. Additionally, the rotational load points on the shaft are largely from the weight of the rotor which has minimal mass located offset from the centerline of rotation. Where the lack of additional tang depth would bite you would be in the event of a timing chain related issue (skipped gear with valve to piston contact, or oil pump failure causing sudden lockup of the gerotor). If either of those occur, you have bigger issues anyways. As long as you have positive engagement between the two (intermediate shaft and distributor shaft) and it isn't so shallow as to cause binding and tangential distributor shaft support-bearing load when the distributor is cinched down, you should be good to go. If it does bind in that scenario, then you will be side loading the bearings and cause premature failure.
As an extra tip, to keep your timing from bouncing around due to the minor intermediate shaft movement that may occur, you can put a piece of 3/8" fuel line that is cut a smidge longer (1/8"-1/4" depending on the quality of your hose) than the distributor shaft. Slip it over the shaft, reinstall the distributor, and it will provide enough tension to prevent the upward movement. Viola, problem solved, zero risk, and almost everyone has a spare piece laying around that would work. I learned this from Alan Kulwicki's father when he built a motor for me back in the 80's. Been using it on every build since.