Pulleys overlapping?

It looks like the WP pulley is off a good 1/8 inch from the second groove. I am not buying that is correct.
It is ever slightly off.
Not sure enough to cause issues?
Thats why I asked because there is too many things off...pulley's overlapping, slightly off aligmnent, harmonic balancer holes do not line up with pulley...that being said, it wouldn't surprise me if a lot of guys run them the same way...thats why I am inquiring.