Thanks for the info. I went over to the farm to talk to John the retired engineer and grabbed his two pastes, one water based and quite aggressive and the other oil based for finishing off.
I kinda worked out what was involved and can't beleive that the engine has been at a motorcycle mechanis several times but they have never relapped the taper. It is probably the whole reason we have had so much trouble with spark over the last season or more!!
I have spent much of the day slowly lapping the tapers to match as best I can. I say that because it is one hell of a mess after chopping several woodruff keys off over the years and there is a complete circle of meat missing around the middle so therefore I have essentially two tapers with a gap in the middle-one week from the spectacular I'm not about to pull the friggin' crank out-there's no sheep stations up for grabs
I now have a reasonable finish on the 'outer' taper and will have to clean it up more to get the 'inner' taper to take up-work with me guys-I'm not pulling it apart now.
I have also spent a fair bit of time matching up a new key but my eyesight is almost shot so I might have to get out a magnifying glass as was suggested.
Anyway, wish us luck.
ps not a 270 crank just std as I wouldn't waste time and cash doing that to such a heavy piece off shit when there are better motors out there to work with.