Thanks dextrous.
The MV is situated where it is, because I originally planned for the programmable room stat that controlled it, to do exactly that. Isolate that radiator when the rest of the system was running, and not be able to fire the boiler. This was done like that so that the conservatory was not heated on the days when we didn't use it (wife works part time), and it's mainly used as play room at the moment, and the little man is a nursery sometimes and will never go in there. It’s controlled by a programmable room stat, and as such doesn’t have a TRV.
Now were using it (only really finished it a few weeks ago) I realize that it needs more heat, for longer, than the rest of the house, hence the change of plan of getting it to fire the boiler, and isolating it from the rest of the system.
I haven't tried closing all the other lock shield valves, as the occupants of the house will no doubt kick off if I let them freeze whilst I check the temp and flow in the conservatory!
I agree that what you suggest is preferable and what we really need.
With regard to your latest drawing, I note that the return is close to the boiler, but if you imagine the return was not plumbed back to the boiler, but onto the return of the existing circuit, a few rads away from the boiler, as long as the existing circuit MV was on the flow rather than the return, the there would still be a path for flow when just the conservatory rad was calling for heat, all be it a slightly longer one. Is that right, if not necessarily the 'proper' way?
I have issues with getting two pipes to the boiler with regard to space and aesthetics as the house is practically renovated now, but could mange one much easier, hence trying to short cut!