Ok It could be any one of a number of things causing my problem. I have acted on all advice given but to no avail. So, I own a couple of modern CCM's that have nice Brembo master cylinders at one end and Brembo callipers at the other end of a nice long length of quality braided brake hose. These brake are working perfectly so components from here are safe to use in the 'elimination' of variables in the beemers front brake system.
Take one nice long piece of hose and attach it to the Beemers master cylinder and then to first one and then the other front calliper, bleeding the system and checking for brakes as you go. Bingo, both master cylinder and the callipers worked just fine and I was able to produce excellent lever movement and firm brake pressure in both callipers. The problem has to lie elsewhere. Good, I have eliminated potential sources of the problem - bad as I still don't know where the problem lies but have an idea now where to look. Either air is sitting in the brake lines and all those connections or the ABS unit under the tank is FUBB'd and is doing likewise to my front brakes. I ask, is the noise that my ABS unit makes when I release the pressure on the lever normal - I can here it sucking/blowing even with the tank in situ ?
Tomorrow after checking that there has been no deterioration in the pressure overnight I am going to tidy all ends up and then take the bike for a test drive and see if the simplified single line system works under road use pressure - first one then the other. This way I'll know that at least I have the means of creating a working brake system minus all the connections and the ABS unit. Anybody else running single lines for front brakes, if so, what length did you have made up ?