Boy I have read this whole thread. WHEW!!! As an American with a couple of 55 year old Morgans and one built of Morgan Junk, if I had not gone to LeMans and Assen a couple of years I would not have a clue what You are talking about. There I was in this old +4-4Str amongst a sea of Morgans no older than 2005. There was a 196? DHC from Michigan at Assen. I love My Morgans, I love to drive them. Brings out the "Walter Middy" in Me. My Morgan, now Morgans have entertained Me since 1982 when I bought a "Basket Case". What fun. As a USer I think I am in a World of My own. Certainly a Continent of My Own!!! Morgan Owners are the best all over the World.
But I would not buy a New Morgan at any price.