Wow! Thank you for such a warm welcome, if that does not tell me I've made the right decision, then nothing else could.
In response to a few questions and suggestions -
* I am based in Witney, west of Oxford. I believe there is someone on the forum nearby (maybe North Leigh)
* I heed the warning on the power to weight ratio, I have experienced being bitten by the backend through a lapse in attention previously, a long time ago but I really do not want to experience it again
* Based on reading alone, I am sold on the idea of a front and rear suspension upgrade (though it appears getting it right can be tricky). ironically, when I speak to Keith, he gives me a wry smile as if I am being rash. I'm planning on putting some miles in (hopefully in a controlled manner) and then decide
* Yes, I do plan on joining MSCC and OxMog...I think I'll need the guidance
I was 'bitten' as soon as I started taking the option seriously, the ability to invest in the vehicle is really attractive and seeing how people on the forum were so engaged, not just in their own vehicles but those of their peers is a clear sign of how addictive owning a Morgan can be. Full disclosure, I expect I will need a friendly mechanic, I'd be fibbing to say I'm handy with a spanner.
When I was buying new cars, the excitement was in the selection and specification of the car, once you had it, the fun was gone. With the Morgan, it feels as though the fun is only just beginning.
I look forward to posting a few pictures in the near future.