To conclude this thread I went ahead and fitted the DRO, mains powered, so no need for endless battery replacements as was the case with the previous set-up.
Accuracy is good, as is repeatability. Thanks for the tip re plastic feelers, made setting up easy!
The magnetic strip and head are hidden behind a cover so, hopefully, well guarded from swarf.
The photo shows the setup. I firmly believe that aluminium has no place on machine tools, except for, perhaps, belt covers and the like. I made the exception here and used a couple of bits of al/alloy to carry the head. The magnetic strip is supported on a 3mm thick strip of steel. This, in turn, is supported by two 2BA studs. This allows the strip to be moved around to get the necessary adjustments correct.
