I don't have the drawing here to see if I can read the depth of the arc but it appears equal to the diameter of the line. The tubing protrusion through the ferrule is 3/32". 1/8" shouldn't hurt but much more than that and it will begin to restrict fuel flow.
The original line was seamed, leaving a small opening where gas could get between the ferrule and the tubing. For this reason they required soldering. Of course it also prevented the tube from being inserted too deeply through the ferrule and blocking fuel flow.