Well I am seriously proud of myself!
I've eventually got this project completed and the camera is now ready to be used
A bit of a run down with some snapshots (not for CC

) basically explaining what i did following the superb help etc i received from you guys:
1. Rubbed down the aluminium and remove as much of the loose flaking as possible without destroying the camera body completely wearing an obligatory dustmask and goggles .....that alu dust is sooo fine and gets everywhere
Applied one coat of Grey Acid Etch Primer ( Thank you Paul Westhead for the name of the product required!)
Allowed to dry thoroughly ...24 hours +
Ended up with this result:
Shot at 2012-09-12
2. Next replacement of the red window.
Many thanks to John (Joxby) for supplying red gel filters...top man!
I decided that the gel filter alone was going to be too flimsy and liable to split in a short period of time so decided to use some clear plastic cut from a fruit container destined for the dustbin alongside it to give it a bit of umph!
This is now where i hit a small problem although it was no surprise.
The adhesive (Pliobond) recommended by Rob Hooley ( Thanks Rob for your help!) for glueing leatherette is very good stuff however the gel filters do not take well to it and litterally disolve on contact

so the first attempt at adhering the new red window to the body failed miserably
Undefeated I figured that be making a "pocket" from the clear plastic, the red gel filter would slot inside and be unnaffected by the glue .......left the "pocket" to dry thoroughly before inserting the gel filter then glue a little more around the edges of the clear plastic.....yippee obstacle overcome
Shot at 2012-09-12
Shot at 2012-09-12
3. Replacement of the leatherette:
A dry run to see exactly how it would sit on the camera body ensuring that the red window hole was going to line up correctly.
Also examined carefully exactly where to glue so as not to cause any problems when relocated the main part of the camera inside of the body casing.
Glue onto the camera body, applied the leatherette covering, adjusting into correct position, held firmly in place for 10 mins whilst the glue took hold then left to dry thoroughly.
4. Re-assemble the camera with a spool of 120 backing paper to see if all works ok:
Shot at 2012-09-12
Shot at 2012-09-12
Shot at 2012-09-12
To some the job could have possibly been done better I guess especially the red window but tbh I have limited skills in the diy dept so for me it was about the best i could do ....Fact is it will work and it has in no way modified the camera in such a way that it no longer resembles it's original state so for me that is superb news.
Time to get some film through it........