Update:
Well I've been fairly close to making a deal on a 0.95 today. I've communicated with really nice people, but as much as my emotions say pay the sellers price I've (for once) let my usually fragile rational side hold up.
• The best deal offered on a converted 0.95 is approx $1800
• The best deal I can get on a non converted is $1100. To get the lens converted would cost me an estimated $300 - 400 plus probably a fairly long wait in the process. That adds up to $1500 plus a potential 3 months wait whilst being converted.
It is obviously an item in demand at the moment, but that said I just have a gut feeling that these prices are inflated a bit more than they perhaps should be.
What I have decided to do is keep my money in Paypal and seeing as I have some items to sell I might within 4 months have enough money to buy a used Noctilux which is really my long term objective.
In the meantime if a converted 0.95 became available at a reasonable price I could still opt for that.
I don't tend to have GAS anymore - I went through that in my guitar days, but I do like to have a reasonable collection of gear that I use rather than look at.
I'd be interested in seeing how this thread continues. I will continue to post to it, and everyone who has helped me, especially ErikFive who I have pestered to death has my sincere thanks.
Oh, and if anyone does want to sell a converted 0.95 for a maximum of $1100 then please get in touch.