Touch wood, its worked (so far)
While its quite good fun pulling up beside cars at traffic lights, and making people in cages look to see where the "dying cat playing the bagpipes out of tune high on crack" noise is coming from, it gets pretty old if you are the rider.
I pulled the pivot arm, cleaned and lubed the pivot pin (with copper kote cos its what I had), sanded the glazing off the pads with 600 wet and dry, and reassembled it carefully. I also put a bit of copper kote (again, it was handy) on the back of the fixed pad. Not on the piston side because it had the nylon ring.
I also hacksawed the groove across the pad. I think they are Vesrah
I did a 160km ride yesterday and it didnt make a noise except coming back to town under light braking while I was pootling up to a light and waiting for a car to cross.
Thanks to the people who posted, and the FAQ, what a great resource.
BTW if it doesnt work, I was going to try and graft a CB400N front end on complete, except for the comstar wheel of course...... but it looks like a LOT of work.
Thanks again.