Ok, so I've done the deed and upgraded seriously to a Skywatcher 8" Newt on a HEQ5Pro. Yay - its like XMAS.
Have been researching all the suggestions/options for polar alignment. I decided to try and have a go at polar scope alignment. To my amazement I eventually tracked down the octans groups and have succeeded in getting them aligned against the reticule for 2 nights now.
So, my question is - if the mount is level and I've got octans aligned, that should mean I now have the correct latitude setting etc? I've done this by twiddling and tweaking mount and RA by trial and error, but not used any circles on the mount or scope.
I had always thought how easy those northern hemisphere types have it, but have only now understood they need to have polaris transit times etc. Presumeably because you're aligning on a group of stars, rather than just one, you don't need to worry about adjusting the scope setting circles etc?
Should also mention I've spent a bit of time tweaking alignment of the polar scope first.
And many thanks to Davewaldo here for my first serious eyepiece (Hyperion) and the free 3 hour viewing session to go with it to convince me I was doing the right thing getting back into Astronomy!!
Rob