Hi:
A current transformer will work fine.
The helical twist will have no effect at all. However, to get a reasonably decent signal you may have to wind several turns of the HV wire around the core and a single secondary turn. ie a current step-up configuration.
No.
Dozens of after-market accessory outfits sold tachometers and Cruise Control kits in the 60s through the 80s which used a toroidal core about 25mm O.D. x 18 mm I.D. w/a dozen or so turns of 18awg vinyl covered wire (easy, non-invasive, handy-man grade install, no Warranty violation.), through which was threaded the O.E. Coil HT lead (or, #1 cyl. plug wire), as a servo feedback for Loop Control of RPM.
Also popular in the 90s were (el Cheapo) Diagnostic aids with split-core ferrite clamps w/, perhaps, 50 turns on the secondary for a hand-held Tach/'Analyser' unit.
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O.P.
Current is really not THAT important in a Kettering system, as voltage is: you can easily use current pulses to get Timing edges, useful for some measurements, but I think the Voltage Profile is more informative. (Yes, just as wavelength and Photon Energy inter-convert, the two are Related.), because then you can see the breakdown potential curve vs. time and other variables in a whole picture (plug gap, open wires, mixture quality, cylinder pressure, fouling, arc-over, etc.), if you know what to look for.
All it
really takes is an electrode of 'known' area, clamped around a wire (plug or coil), or even some Specially Shaped plates, for Coil-on-Plug systems, a high-input-impedance, high frequency cut-off, middling gain input amp, and then your choice of measurement method.
If you REALLY want Current vs. time, then a CT w/appropriate signal processing and sufficient bandwidth (different cores roll-off HF in different ways, YMMV.)
I think I would look at PRIMARY energy storage, and calculate from there. (SURELY there is literature out there concerning this.). Put a small CT on the Points lead.
But if you're not designing HEI systems for Racing engines, what is your goal?

HTH,
Cheers,
Dave