Found my torque arm, had a very quick butchers. Looks like a nice bit of movement at the swingarm pivot, need to check rubbers properly. That coupled with my basket woes won't be doing me any favours (at nearly 300 quid and a months wait, I'll be busy with my favorite file this weekend I'm thinking!)
The oil was new, but it's out now anyway.
Thanks again, I appreciate all the pointers.
Eggsy.