Hi Bruce.
The points and condensor were brand new...I recently came back from Australia I bought them from Mt Colah Mowers (what a helpful bloke who works there)
The fuel is a little old.....maybe 7 months?
I didnt take the E plate off.......although i think I may have moved the whole assembly that it all sits on.
There seems to be no real play in the bearings.

At the risk of answering my own question, I think i need to re time the magneto.....???