Electric power steering is definitely the way forward, it's cheaper because you're not fitting a pump and replacing the rack as with a hydralic system, offers a more flexible instalation for the same reasons, and finally good systems are also easily tunable to an individual driver's needs/preferences.
My Mulfab front wishbone conversion uses a 2.7 turns lock to lock Escort rack, which I understand is already considerably faster than a standard Morgan rack, however, my unasisted steering remains perfectly manageable even with the smaller diameter 13" thick rim wheel I recently fitted.
https://www.talkmorgan.com/ubbthrea...rk-steering-wheel-offset-ring#Post814029But my plan is to fit an even faster rack at 2.4 turns lock to lock, this is easy and cheap to do when you have a Mk1/2 Escort rack as a wide variety of ratios are available off the shelf from the likes of Motorsport Tools and Retro Ford etc, but do I suspect when I do go 2.4 LTL Monty's steering will finally become a little to heavy at parking speeds.
So my plan is to go with a speed sensitive system from Lite-Steer.
https://litesteer.com/project/morgan-4/In my opinion, a good ectric power steering conversion should always be speed sensitive because the truth is you only really need assistance from 0-15mph tops, above that speed and for a reasonably fit driver, if your steering is still heavy something is likely fundimentally wrong with the car. A ccorrectly calibrated speed sensitive system should ramp down the assistance from a maximum mechanical advantage at 0mph, to zero assistance at 15mph as after that any assistance is actually undesirable.
On a drivers car like a Morgan, and at anything above 15mph, ideally you want to be returning to the direct feel on an unassisted rack, and this is exactly what you get with a well calibrated speed sensitive electric power steeing system. Lite-Steer seem to have developed the right solution at the right price, they also have experience fitting their speed sensitive kit to many a Morgan's steering column, which in Monty's case remains factory standard.
This all means Lite-Steer's Morgan instalation and bracketry will have already been thoroughly developed and well tested, if the OP is anywhere near East Sussex I would definitely reach out to Neil Oakley of Lite-Steer to see what he can offer.
Good luck with the project, and please keep us posted on the results

Dave.