Spoken to Robert at Omicron who was very helpful. I've had the master cylinder apart about three times today to check everything is right and that the two parts of the front plunger are free (they weren't, but are now!) Everything is totally air free and, I believe, correctly assembled but there is still far too much movement on the pedal. One thing that seems wrong is that when pumping the pedal, fluid can be seen coming back up into the front part of the reservoir, suggesting that the front plunger is not moving forward as it should, but I can't for the life of me think why. Any helpful suggestions other than posting it off to Omicron for an expensive check over?