All put back together, and a very similar drag still coming from the clutch . Better, but not by much.
Now, being a bit of a bodger (Scrapheap Challenge stylie ) I decided enough is enough. Rummaged through my old bits and discovered a clutch lever unit with its master from a GSX1100F. Long story short, put this on, bled the system through, and voilà. At the end of the levers travel I found no drag (and neutral).
Diagnosis: I either have sufficient warp on the plates (seemed flat to me even with a feeler gauge ) , my plunger in the master is inefficient and not allowing for a complete push of the hydraulic fluid , or the 5W30 was a bad choice in the end .
Apart from the master reservoir of the GSX1100F unit being tilted over for a racing/touring handlebar (looks quite wrong) it works a treat, you can feel the pressure of the springs in the lever. If this continues to work well after an excursion through the forest tomorrow I might look for an alternative clutch master unit (from an enduro/trial bike) that may grant a full compression of the clutch springs but with a near horizontal reservoir like the proper Gas Gas unit.