The Magical Flame eye has been around for a very long time but like the name suggest it is Magical. Magical in the way that it is the only eye that will trigger the random pool of the glow eyes.
When you breed a Magical Flame eye does it matter what the eye is paired with? Will it make that eye a glow version? The answer is basically NO. Magical flame if the winning eye will trigger the random pool of glow eyes for that level and under. A eye will be randomly picked from the pool of eyes. If there is a glow eye is in ancestry it will pass like any other eye.