Problem resolved!! fitted an new SMC yesterday and bled the system 3 times following the procedure. left it overnight and bled again this morning. Everything now appears to be s it should.
Had a few test rides and the brakes are now far better than they were before!!
I am however still bemused as to why the SMC rebuild didnt work. body of the SMC was spotless, ports clear, filter clean the only thing that i can think of is that the cylinder the piston sits in had an issue that the ultrasonic cleaner couldnt clean, or it had damage that i just could not see internally.
Thanks again for your guidance and links to some fantastic articles on the ST's braking system, hopefully i wont be reading them again in the near future