Hugo
Great choice, this year has seen a sudden increase in new S1 owners on Talkmorgan, it had been a lonely existance for a good few years. The upgrade on your power steering and the new rack could save you a lot of pain, I still have originals but a few TMers have had failures this year. Haven't heard too much about the S1 wheels cracking, but replacing them is an expensive option, so you have done well to start with a new set. My TPMS failed last year and I now have the Morgan badge in place. I had seen it used on other Aeros, some have used matching seat leather as a backing for the badge.
wishing you many miles and smiles,
Dave