IanT – very good advice, don't worry you are not teaching me to suck eggs – I'm still pretty new to this hobby. I think this is the first thing I will try.
Michael – ah I see, thank you.
Ian SC – Yes, the bush is loose on both the shaft and in the cast housing – so the housing is not compressing it. I have been loctiting the bush in place to prevent it rotating in the housing – although I haven't tried just leaving it to do it's thing yet. I have been fitting the bush with the countershaft in place so I know it's aligned with the RH side.
Phil – No, the clutch itself wasn't slipping it was the cam lever creeping back to the engaged position (scary huh?). Found out that this was due to the previous owner assembling the cam follower backwards so the steel ball had no hole to recess into – thus gouging the cam lever.
Martin – Thans for the links. So regarding machining or reaming, it seems that this is an option – although "should be avoided whenever possible". I am really hoping I can avoid this as I don't think my skill is up to a level that is required here (not yet anyway). If have seen mention of reaming elsewhere as well as here https://www.oilite.com/PDFs/castBronze_designData.pdf. but it said it had to be extremely sharp!
I would like to say that Myford were very pleasant and helpful over the phone giving me two call backs to discuss the problem – I have no reason to discredit them.
Thanks for the advice guys. The bush is currently soaking in Nuto 32 and I hope to continue my investigations tonight.
Edited By Thomas Gude on 04/11/2014 13:12:33