Thanks again for all your help - makes sense. Someone suggested liquid PTFE which I'd have to progressively apply as I wound the FI onto the valve tail and gradually gained access to more of the thread, though I've no experience of using it. Any thoughts on that hard plastic washer? - seems unusual to me. And still curious about the lack of long-tail Part 2 valves - Part 2 seems to be the norm now so they must sell enough year on year. Any "surplus" thread could normally be contained within the cistern or water tank.
Regards.
Certainly this stuff is great for thread connections;
http://www.screwfix.com/p/flomasta-ptfe-liquid-50g/5321j
Of course full thread penitration is always best & for a DIYer I would be fearful you'll make an arze of the joint & need to use heat to get it apart again. Heat near that lead wiped joint could be a nightmare for you.