Hi Oldfart,
unless you really hate the way the air caps look, just don't pump 'em up. The money saved can be better spent elsewhere.
Thanks 5twins,I appreciate your help. Once I got the bush out I used a 17mm bolt and locked two nuts onto it and a couple of extensions as you said. I think I will replace the springs even though they are 482mm which the minimum in my manual and your chart because the air cap, spacer and bush would have compressed the spring about 130mm and they have set?. The springs and cap nuts will take a week to get here so I will drill out the damper rod holes slightly and reassemble with the new parts and oil, 10w as you recommend and no nylon bush and just a 40mm spacer. I was going to assemble without any spacer at first because I thought the p.o must have put it in there but I am glad you mentioned they originally had one. Thanks again for all the info.That nylon spacer you found isn't stock, someone must have added it. There shouldn't be anything on top of the damper rod except the spring. Those fork tear-down instructions in the Haynes manual are for an older set of forks. You can't use a pipe with the end squeezed a bit to hold your style damper rod from spinning. The top of your damper rod has what looks like a 12 point socket on it. So, you need a 17mm hex of some sort to insert into that. This could be a large Allen or a 17mm nut or bolt head. I chose the latter and welded a nut to a bolt .....
I use a socket on a bunch of extensions to hold it.