Being an avid collector of Aussie militaria, I just had to complete the package and just had this little baby - an Australian made fold down MUES peep sight - arrive in the mail:
Although the bits look "rustic" they are basically sound apart from a few burred screw heads, and should clean up nicely.
As for the rifle, well I'm going to do it up as a range workhorse, and since it has already been monkeyed with, I can do all those evil things to it (sanding and re-finishing the timber) you wouldn't dream of doing to an original collectable.
It's already had a new Lithgow made heavy target barrel screwed into it and the action bedded ... watch this space.