Thanks chaps, but I'll stick with the linear regulator, as the new heat sink is doing it's job

The rain actually stopped after lunch, no longer giving me an excuse not to drain the fuel tank and fit the new sender. Draining the tank was easier than I'd expected as I managed to disconnect the feed to the main filter and extend it into a 25 litre drum. When I got up close and personal with the sender, it turns out that the original has a whacking great 2" AF nut, and although I have spanners that size there's no way I could get past the gubbins such a slew rams and pipes, so the tank had to come out.
Actually not too bad a job. flow and return pipes of course, and four bolts and out she came. Fortunately the thread on the new sender is also 2" bsp, but the sealing methods were not the same. Original tightened up on a flange with a sealing washer, replacement was intended to seat onto a female taper.
No way I'm cutting a 2" taper on the tank boss, so I've put my trust in Loctite 577 pipe seal, which is pretty fantastic stuff for threads over 3/4" bsp. If there's a puddle of diesel under the machine tomorrow morning I'll eat my words

So putting it all back together, I firstly checked that the gauge showed empty, then I slowly syphoned the diesel back into the tank while carefully watching for drips. None so far, and we have 'three bars' on the new fuel gauge.
A quick trundle down to my 'red diesel' bowser, fill her up sir ? - yes please, and lo and behold we have all 'ten bars'.
So at long last we have a working fuel gauge - what a palaver

Only one more issue to sort now on this digger. One track can track at slow and fast rate, whereas the other will only do slow rate, which unless you know, leads to some interesting driving. There is a spool valve bolted on each motor that controls oil flow (either fast low flow, or slow high volume) and I'm pretty sure that one is stuck - it's another crawl about on the ground job I keep putting off
