Great advice – thanks to all who posted. I did order some JBWeld, though I will probably just leave it smoothed.
The whole saddle was quite black, perhaps leftover from some kind of rust remover? I tried to shine up the non-bearing surfaces in several ways, in the following order, moving from mild to more agressive, all of which lubricated with WD40 or white spirit:
1) a slipstone to remove any high spots, though this was very of course very slow in removing the 'black' surface
2) green scotchbrite, which didn't do much either
3) fine emery cloth, backed with a small square of wood, which did slowly remove the black surface, leaving the silver cast iron
I assume it doesn't really matter how I make the non-bearing surfaces more cosmetically appealing, though does anyone have a quicker way that they use for all flat cast iron surfaces? Citric acid perhaps?
Mike