Well not exactly a no, or rather more accurately not a total failure. There were a few minor items that require attention thus rendering the vehicle un-roadworthy at that precise point in time;
1. Front brake hose worn and requires replacement (visit Madington Motorcycle Wreckers....)
2. Front brakes dragging (service front brakes, ensure piston is operating smoothly)
3. Flasher unit for indicators not working (Damned Tridon parts.... failing after only 27 years)
4. Engine not idling or running correctly (MY fault! Should have warmed the engine up first!)
5. Seat covering not to required standard (recovered now thanks to an old vinyl jacket and stapler)
Should have the front hose off in the next couple of days and then I'll go visit Mark and get a replacement (secondhand) for about $45 without the wear marks that the current one has.
Front piston service and brake adjustment should take 1 session, need to remove the caliper and service the piston as well as removing the brake lever and shaving a little off the horn to allow some free-play in the lever before it starts to brake. I also think that the top piston is blocking the return hole and THIS is what's causing the bottom piston to not return to it's starting position once the lever is released...
Flasher is already replaced ($6) and the seat looks pretty good if I do say so myself....