MC34063 can withhold only up to 1.5A but to pump out 2A I need something beefier. In this circuit I kept the MC34063 part intact but the output transistor is, instead of actually handling the current, connected into a makeshift low impedance MOSFET driver 74LVC1G04 (marked as 'HC1G04) which in turn drives a 40A MOSFET IRF7470. The The inductor have 100uH of inductance at 5A, and the Schottky diode handles 3A on average.
My question is, will this circuit work? Or will I burn something?
By the way, can I cook up a SMPS doing the same job by using a 2.5V reference like MC1403, a comparator like LM339, a power MOSFET like the IRF7470 in question, and a crystal oscillator that have an output enable pin (or a crystal resonator, a 74LVC1GU04 and a 74LVC1G08, a resistor and two caps)