I have a similar setup, except the lamp and magnifying glass are two separate entities with their own stands. They have really helped these 61 y/o eyes see what I am trying to do.
I have a pair of surgical loops (magnifying glasses that surgeons use for microsurgery), but they were set up so that the working distance from eyes to hands is greater (and unneccesarily awkward) than I need them to be for building coils and installing wicks.