Hi Des
Well, I finally found time to reply to you.  I have owned a Bristol 406 for 35 years which does not make me an expert but I have seen a few in that period.
Yes, you do have a very early car.  The front aperture grille was changed very soon after the launch of this model.  This was due to a pronounced whistle emanating from this particular bar styled grille.  These early cars also had the Pegasus badge on the boot although I have never seen one.
I have answers to most of your questions re engines, lights, etc.  Also possible availability/sources of parts/alternatives.  If you wish to discuss this further you can email me on 
johnlawley@bristoloda.com.
I have delayed my response to your queries as I was working with others to set up Bristol Owners & Drivers Association Ltd (BODA) the new association for Bristol car owners and now things have been finalised, I feel free to declare my involvement.
John Lawley
Spares & Technical Assistance 
BODA