You have an electric dipole with a time rate of change, rotating in a magnetic field. That will radiate, and the pattern of radiation depends on the sign of the rotation: i.e. the identities of the particles. As far as I can tell, the wavefunction collapses immediately because the charge distribution imprints itself on the radiation field. This is mfb's point "The first electromagnetic interaction will destroy the superposition" Because this experiment is in an applied magnetic field, this interaction happens effectively instantaneously.
Rather than quibble about how instantaneous is instantaneous, wouldn't it be better to pick a better example? Neutral B and anti-B mesons produced in e+e- collisions do not have an identity - more specifically, are not in a flavor eigenstate - until one decays, which determines its eigenstate as well as its partners.