Dan, Rich, thanks for the information. I will try the version with the fix - 032 seems to work properly with the Shuttle as well. Is the fix version effectively 032 with a patch? So I should run with that version as opposed to the 032 that I downloaded previously?
Just for info, I dusted off the scope (well, dug it out of the box where it had languished since I inherited it from my Dad - dusting would be a step far!) and fired it up. First surprise, the electrolytics didn't go bang after all that time! I looked at the index waveform, a nice clean pulse, no sign of bounce or noise, 3 ms low time at 660 RPM, so I don't think I have a sensor problem.
Thanks again for the help - it's great how people rally round in this community, I hope as I learn more I will be able to help too.
John.