Let me clear up the confusion...
I would prefer to use the outer chainring. Even though I posted a picture using the inner ring, I switched to the outer ring just to test it out. Now that I've decided to grind the outer ring into a chain guard and run it on the inner ring, it will improve my chainline compared to using the outer ring. Sorry for making everything so confusing.

End result: I'll use the inner ring and my chainline will still be off by 4mm. That's better than my other option, and I can live with that. I'll straighten it out for good when I eventually swap the BB.

Everyone, thanks for all of the suggestions...I've got my solution now.