A bit of an update..
I have flushed the coolant and refilled - did all the proper bleeds etc.. I though it may have been an air bubble against the temp sensor causing the computer do do funny things.
It actually happens at low revs - about 2500 upward it happens - not totally under WOT but it's much worse if it is WOT.
Compression tested today - all 4 are 140PSI so very happy with that...
The ABV installed is an after market one... not sure of any other details, but it has a bolt in the end with a lock nut that I presume is uses to control the bypass pressure ???? If anyone can assist with more info that would be good...
Thanks