I made the following comment recently, under the Topic for 34072 '257 Squadron':
The Good News is that there is a 'now or never' opportunity (after the completion of '257 Squadron') for Bulleid Pacific 'West Country Class' 34010 'Sidmouth' to be Restored to full operational condition, provided that there is sufficient interest (and the money coming in!). The Frames are at the Swanage Railway and the Boiler is at the Severn Valley Railway (who have used it as a 'template' for their Restoration of 34027 'Taw Valley').
There has now been an 'official' announcement on the Southern Locomotives Ltd website, as follows:
Southern Locomotives may soon start the restoration of its last Bulleid Pacific, 34010 Sidmouth. New Chairman Simon Troy made the unexpected announcement at the company's AGM in Swanage on 24th October. The company is making a detailed study of the loco's components and how a major restoration project will affect the scheduled overhauls of the current operational fleet.
In outline, when it has completed the current overhaul of 34072 257 Squadron the company may turn its attention to its oldest ex-BR loco, which has lain in pieces for much of the time since its withdrawal in 1965.
"It is now or never if we're going to bring Sidmouth back into steam. With the completion of 34072 we will have five locos in revenue earning service. The SLL team are not getting any younger, but we have one more big project within us and we are minded to take up the challenge.
"There's never an ideal time to fit a major restoration into a stream of overhauls, but we're ready to do it with the support of our shareholders."
34010 Sidmouth waited 17 years at Woodham's scrap yard before being bought for preservation.
34010 then spent a further 15 years at Grosmont on NYMR awaiting restoration.
At present the company is canvassing support from its shareholders and other stakeholders; a major restoration will inevitably cost more than an overhaul, and it will impact the overhaul schedule for Eddystone and possibly Manston. The major components still exist and there's nothing that can't be sourced or made new.
The company expects to make a decision before Christmas.
I am very keen for this Restoration to go ahead and complete a magnificent 'stable' of Bulleid Pacifics for future Generations to enjoy.
PW