Had the Good News / Bad News call - Good news was the when the garage tested the compression they found it to be intermittent, and have traced the problem to a 'sticky hydraulic cam bucket', which didn't sound too bad. The bad news was that to get there they've taken the top end apart, and tell me that the camshafts are both badly pitted, and other parts of the valve train need attention too - they're pricing it all up & giving me the bottom line in the morning.....will be a decision to repair, engine transplant, or cut my losses. (She has 224k on the clock, so will have to take a view what else may give up before spending too much!)