Thought I would give a heads-up on reforming the caps and the replacement of the cable.
Cable arrived from China and is very flexible. Silicone insulated and does not seem sufficiently resilient but I am sure that as it will not receive excessive use and abuse, will be more than adequate. Flash head rewired and currently reforming the caps.
Took all the advice from here and two others that I found; one used to work for the flash manufacturer, the other a flash repair expert. One advice was to on /off cycles with on for seconds, off for longer and increase the time. This apparently will not allow the caps to be stressed too much. The other was as given here, use a Variac or something similar and only use the 1/4 power setting first. Wired a 150w modelling light into the incoming live and gave is only seconds before turning off the power.
The unit was clicking, the bulb brightness gradually reduced and the ready light came on. No smoke or unpleasant smells! Turned off for minutes and did it again. Still lots of clicking and strangely, even when the ready light was on, there was still a click every 2 seconds for around 30 seconds, then the ready light went out.
This morning, tried again and the ready light stayed steady so hit the open flash button. Yippee!! Light (or a flash). More clicking as the unit recharged (still have the 150W connected) and tried again. All OK.
Left it off while we went for a coffee and on return, turned on to full power (150w still in-line) Ready light now steady and clicking stopped (apart from the first few seconds of recharge) and seems like full flash. So presently, leaving it live on full power. With the 150w in-line, it is taking around 15 seconds to full charge; probably be faster when the resistance is removed.
The flash repair guy told me that he usually repairs what are called mono-block units (these have the caps in the head and are stand-alone units, not requiring a power pack. he said that modern units with modern caps, generally have a no-use shelf life and after X years of non-use, would probably not work. But when my unit was made, the caps where more robust and he suspected that they could return to life.
Seems like that is the case.