If the Earth's magma were to solidify significantly, it would not noticeably affect the Earth's rotation or revolution around the Sun. The primary consequence would be the shutdown of the Earth's magnetic field, leading to vulnerabilities against solar wind, similar to conditions on Mars. Discussions also explored how the presence of liquid versus solid in a planet's interior might influence its rotation, but it was clarified that the amount of liquid does not inherently dictate rotational speed. The analogy of spinning a bucket of water was used to illustrate how viscous materials like magma would behave under rotation. Overall, the conversation emphasized that the Earth's rotation is a result of its formation from a rotating cloud of debris, rather than being influenced by its internal state.